18,276 Shares of First Trust Capital Strength ETF $FTCS Purchased by Strategy Asset Managers LLC

Strategy Asset Managers LLC bought a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) during the third quarter, Holdings Channel.com reports. The institutional investor bought 18,276 shares of the company’s stock, valued at approximately $1,715,000.

A number of other large investors also recently bought and sold shares of FTCS. Eastern Bank purchased a new position in First Trust Capital Strength ETF during the second quarter worth about $27,000. Main Street Group LTD acquired a new stake in shares of First Trust Capital Strength ETF during the first quarter valued at about $46,000. Signature Equity Partners LLC acquired a new stake in shares of First Trust Capital Strength ETF during the first quarter valued at about $46,000. CoreCap Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 34.8% during the third quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock valued at $51,000 after acquiring an additional 141 shares during the last quarter. Finally, Allied Private Wealth LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter valued at approximately $101,000.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $97.52 on Thursday. The company’s 50 day simple moving average is $98.13 and its 200-day simple moving average is $95.81. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $102.93. The company has a market capitalization of $7.63 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.3332 per share. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, September 24th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636.

About First Trust Capital Strength ETF

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.