Axxcess Wealth Management LLC Purchases 678 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Axxcess Wealth Management LLC boosted its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,781 shares of the company’s stock after buying an additional 678 shares during the period. Axxcess Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $1,523,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FTCS. Headlands Technologies LLC bought a new stake in First Trust Capital Strength ETF in the 1st quarter valued at about $33,000. Mather Group LLC. acquired a new position in First Trust Capital Strength ETF during the 1st quarter valued at about $34,000. Hexagon Capital Partners LLC acquired a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $44,000. EdgeRock Capital LLC acquired a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $61,000. Finally, Criterion Capital Advisors LLC acquired a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $73,000.

First Trust Capital Strength ETF Stock Up 1.1 %

FTCS stock traded up $0.95 during mid-day trading on Friday, reaching $86.47. 311,572 shares of the company traded hands, compared to its average volume of 332,455. The stock has a market cap of $8.72 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $71.11 and a fifty-two week high of $87.06. The firm’s 50 day moving average price is $84.44 and its 200 day moving average price is $83.41.

First Trust Capital Strength ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.2843 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.14 dividend on an annualized basis and a yield of 1.32%.

First Trust Capital Strength ETF 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).