Rothschild Wealth LLC Makes New Investment in First Trust Capital Strength ETF $FTCS

Rothschild Wealth LLC bought a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 91,936 shares of the company’s stock, valued at approximately $8,505,000. Rothschild Wealth LLC owned about 0.11% of First Trust Capital Strength ETF at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of FTCS. EverSource Wealth Advisors LLC increased its position in First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares during the last quarter. Parallel Advisors LLC increased its position in First Trust Capital Strength ETF by 140.0% in the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after purchasing an additional 175 shares during the last quarter. BOKF NA acquired a new position in First Trust Capital Strength ETF in the 3rd quarter worth about $28,000. Whittier Trust Co. acquired a new position in First Trust Capital Strength ETF in the 4th quarter worth about $30,000. Finally, Evelyn Partners Investment Management LLP acquired a new position in First Trust Capital Strength ETF in the 4th quarter worth about $37,000.

First Trust Capital Strength ETF Price Performance

Shares of FTCS stock opened at $94.67 on Wednesday. First Trust Capital Strength ETF has a fifty-two week low of $88.70 and a fifty-two week high of $99.74. The stock’s 50-day moving average is $93.49 and its two-hundred day moving average is $94.45. The firm has a market cap of $7.93 billion, a P/E ratio of 21.51 and a beta of 0.71.

First Trust Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.2873 dividend. This represents a $1.15 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 26th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.