Founders Financial Alliance LLC Buys 641 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Founders Financial Alliance LLC grew its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 27.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,948 shares of the company’s stock after purchasing an additional 641 shares during the period. Founders Financial Alliance LLC’s holdings in First Trust Capital Strength ETF were worth $236,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of FTCS. International Assets Investment Management LLC increased 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 worth $239,004,000 after purchasing an additional 2,948,510 shares in the last quarter. Silver Oak Securities Incorporated purchased a new position in shares of First Trust Capital Strength ETF in the 4th quarter worth $33,659,000. Stratos Wealth Partners LTD. purchased a new position in shares of First Trust Capital Strength ETF in the 4th quarter worth $30,855,000. KPP Advisory Services LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth $15,466,000. Finally, HighTower Advisors LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth $12,095,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock traded up $0.23 on Friday, reaching $83.73. The stock had a trading volume of 262,241 shares, compared to its average volume of 333,719. The stock has a market cap of $8.78 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 1 year low of $70.91 and a 1 year high of $85.89. The company has a 50 day simple moving average of $83.58 and a 200 day simple moving average of $81.39.

First Trust Capital Strength ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.2247 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.07%.

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).