D.A. Davidson & CO. bought a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 278,232 shares of the company’s stock, valued at approximately $26,112,000. D.A. Davidson & CO. owned about 0.36% of First Trust Capital Strength ETF at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Investors Research Corp acquired a new position in shares of First Trust Capital Strength ETF during the second quarter valued at about $16,354,000. Oppenheimer & Co. Inc. bought a new position in shares of First Trust Capital Strength ETF during the third quarter valued at $12,562,000. NI Acquisitions Company LLC acquired a new position in First Trust Capital Strength ETF in the second quarter valued at about $8,494,000. Gateway Wealth Partners LLC grew its position in First Trust Capital Strength ETF by 99.2% during the 1st quarter. Gateway Wealth Partners LLC now owns 169,052 shares of the company’s stock worth $15,681,000 after acquiring an additional 84,185 shares during the last quarter. Finally, Wedbush Securities Inc. acquired a new stake in shares of First Trust Capital Strength ETF in the third quarter valued at $6,549,000.
First Trust Capital Strength ETF Trading Up 0.1%
Shares of NASDAQ FTCS opened at $100.41 on Thursday. The firm’s 50-day moving average is $98.08 and its 200-day moving average is $96.19. The firm has a market capitalization of $7.79 billion, a PE ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $102.93.
First Trust Capital Strength ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.3332 dividend. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 24th.
About First Trust Capital Strength ETF
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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.
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