Synovus Financial Corp Has $2.65 Million Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Synovus Financial Corp raised its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,152 shares of the company’s stock after acquiring an additional 245 shares during the period. Synovus Financial Corp’s holdings in First Trust Capital Strength ETF were worth $2,649,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of FTCS. GAMMA Investing LLC lifted its position in First Trust Capital Strength ETF by 4.7% during the fourth quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock worth $818,000 after purchasing an additional 419 shares during the period. Blue Trust Inc. increased its stake in First Trust Capital Strength ETF by 2,593.6% in the fourth quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock valued at $185,000 after acquiring an additional 2,023 shares during the last quarter. US Bancorp DE increased its stake in First Trust Capital Strength ETF by 7.5% in the fourth quarter. US Bancorp DE now owns 10,880 shares of the company’s stock valued at $955,000 after acquiring an additional 761 shares during the last quarter. Allworth Financial LP lifted its stake in First Trust Capital Strength ETF by 3.1% during the fourth quarter. Allworth Financial LP now owns 8,991 shares of the company’s stock worth $807,000 after purchasing an additional 267 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter valued at $123,000.

First Trust Capital Strength ETF Stock Up 1.0 %

Shares of FTCS stock opened at $87.67 on Tuesday. First Trust Capital Strength ETF has a twelve month low of $80.66 and a twelve month high of $94.23. The business has a fifty day simple moving average of $88.66 and a 200 day simple moving average of $89.80. The company has a market cap of $8.34 billion, a P/E ratio of 22.18 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.2159 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.99%.

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).