Southland Equity Partners LLC Raises Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Southland Equity Partners LLC boosted its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 86,060 shares of the company’s stock after buying an additional 950 shares during the quarter. First Trust Capital Strength ETF makes up about 1.8% of Southland Equity Partners LLC’s holdings, making the stock its 12th biggest position. Southland Equity Partners LLC owned about 0.09% of First Trust Capital Strength ETF worth $7,558,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $29,000. EverSource Wealth Advisors LLC acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at $32,000. ORG Partners LLC purchased a new position in shares of First Trust Capital Strength ETF during the 3rd quarter worth $64,000. Pinnacle Bancorp Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 39.1% during the third quarter. Pinnacle Bancorp Inc. now owns 1,188 shares of the company’s stock worth $108,000 after purchasing an additional 334 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in First Trust Capital Strength ETF in the 3rd quarter valued at about $123,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $89.95 on Friday. The firm has a market capitalization of $8.91 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The company has a 50 day moving average price of $90.01 and a 200 day moving average price of $89.37. First Trust Capital Strength ETF has a one year low of $80.47 and a one year high of $94.23.

First Trust Capital Strength ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.4043 per share. The ex-dividend date was Friday, December 13th.

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).