Oppenheimer & Co. Inc. Acquires New Shares in First Trust Capital Strength ETF $FTCS

Oppenheimer & Co. Inc. bought a new position in First Trust Capital Strength ETF (NASDAQ:FTCS – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 133,852 shares of the company’s stock, valued at approximately $12,562,000. Oppenheimer & Co. Inc. owned approximately 0.17% of First Trust Capital Strength ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Eastern Bank acquired a new position in shares of First Trust Capital Strength ETF in the second quarter worth $27,000. Mather Group LLC. acquired a new stake in First Trust Capital Strength ETF during the third quarter valued at $30,000. Signature Equity Partners LLC acquired a new stake in First Trust Capital Strength ETF during the first quarter valued at $46,000. Main Street Group LTD acquired a new stake in First Trust Capital Strength ETF during the first quarter valued at $46,000. Finally, CoreCap Advisors LLC boosted its position in First Trust Capital Strength ETF by 34.8% during the third quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock valued at $51,000 after purchasing an additional 141 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $100.32 on Wednesday. First Trust Capital Strength ETF has a one year low of $89.76 and a one year high of $102.93. The business’s 50-day moving average price is $98.09 and its two-hundred day moving average price is $96.16. The company has a market capitalization of $7.78 billion, a P/E ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.3332 per share. The ex-dividend date was Thursday, September 24th. This represents a $1.33 annualized dividend and a dividend yield of 1.3%. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636.

About First Trust Capital Strength ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for First Trust Capital Strength ETF (NASDAQ:FTCS)

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