EdgeRock Capital LLC Buys New Shares in First Trust Capital Strength ETF (NASDAQ:FTCS)

EdgeRock Capital LLC purchased a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 753 shares of the company’s stock, valued at approximately $61,000.

Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its holdings in shares of First Trust Capital Strength ETF by 7,852.6% in the 4th quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock valued at $239,004,000 after purchasing an additional 2,948,510 shares during the period. Silver Oak Securities Incorporated acquired a new stake in shares of First Trust Capital Strength ETF in the fourth quarter valued at approximately $33,659,000. Stratos Wealth Partners LTD. bought a new position in shares of First Trust Capital Strength ETF during the 4th quarter worth approximately $30,855,000. KPP Advisory Services LLC acquired a new position in shares of First Trust Capital Strength ETF during the 3rd quarter worth approximately $15,466,000. Finally, HighTower Advisors LLC bought a new stake in First Trust Capital Strength ETF in the 3rd quarter valued at $12,095,000.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock traded down $0.11 during mid-day trading on Wednesday, hitting $83.14. 350,443 shares of the company’s stock traded hands, compared to its average volume of 343,685. First Trust Capital Strength ETF has a fifty-two week low of $70.91 and a fifty-two week high of $85.89. The stock has a market cap of $8.70 billion, a price-to-earnings ratio of 21.52 and a beta of 0.63. The firm has a 50 day simple moving average of $83.61 and a two-hundred day simple moving average of $80.54.

First Trust Capital Strength ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.2247 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend was Thursday, March 21st.

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).