Balboa Wealth Partners Increases Holdings in First Trust Capital Strength ETF $FTCS

Balboa Wealth Partners lifted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 12.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,017 shares of the company’s stock after acquiring an additional 452 shares during the quarter. Balboa Wealth Partners’ holdings in First Trust Capital Strength ETF were worth $365,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its stake in shares of First Trust Capital Strength ETF by 18.2% during the 2nd quarter. International Assets Investment Management LLC now owns 38,494 shares of the company’s stock worth $3,499,000 after acquiring an additional 5,926 shares in the last quarter. Huntleigh Advisors Inc. boosted its stake in shares of First Trust Capital Strength ETF by 2.8% during the 2nd quarter. Huntleigh Advisors Inc. now owns 5,826 shares of the company’s stock worth $530,000 after acquiring an additional 161 shares in the last quarter. Harbor Asset Planning Inc. purchased a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $289,000. Mutual Advisors LLC boosted its stake in shares of First Trust Capital Strength ETF by 1.5% during the 2nd quarter. Mutual Advisors LLC now owns 20,858 shares of the company’s stock worth $1,924,000 after acquiring an additional 317 shares in the last quarter. Finally, MGO One Seven LLC boosted its stake in shares of First Trust Capital Strength ETF by 0.8% during the 2nd quarter. MGO One Seven LLC now owns 19,459 shares of the company’s stock worth $1,769,000 after acquiring an additional 154 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

FTCS stock opened at $93.28 on Tuesday. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $94.37. The stock’s 50 day moving average price is $92.96 and its 200 day moving average price is $90.85. The firm has a market cap of $8.38 billion, a P/E ratio of 21.51 and a beta of 0.86.

First Trust Capital Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.2527 dividend. 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. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23.

First Trust Capital Strength ETF Company 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).