Prosperity Financial Group Inc. Increases Stock Position in First Trust Capital Strength ETF $FTCS

Prosperity Financial Group Inc. raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,688 shares of the company’s stock after purchasing an additional 384 shares during the period. Prosperity Financial Group Inc.’s holdings in First Trust Capital Strength ETF were worth $1,426,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FTCS. Goldman Sachs Group Inc. lifted its stake in shares of First Trust Capital Strength ETF by 503.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after buying an additional 1,864,116 shares during the period. Cetera Investment Advisers purchased a new position in shares of First Trust Capital Strength ETF during the first quarter valued at approximately $131,493,000. Jones Financial Companies Lllp lifted its stake in shares of First Trust Capital Strength ETF by 74.0% during the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock valued at $38,148,000 after buying an additional 183,074 shares during the period. LPL Financial LLC raised its stake in First Trust Capital Strength ETF by 1.6% during the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock worth $687,036,000 after purchasing an additional 121,726 shares during the period. Finally, Golden State Wealth Management LLC raised its stake in First Trust Capital Strength ETF by 96.9% during the first quarter. Golden State Wealth Management LLC now owns 235,591 shares of the company’s stock worth $21,119,000 after purchasing an additional 115,931 shares during the period.

First Trust Capital Strength ETF Stock Down 0.5%

NASDAQ:FTCS opened at $93.34 on Thursday. The company has a market cap of $8.37 billion, a P/E ratio of 21.51 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $94.37. The firm’s 50 day moving average is $92.99 and its two-hundred day moving average is $90.89.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.2527 per share. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, September 25th.

First Trust Capital Strength ETF Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).