47,641 Shares in First Trust Capital Strength ETF $FTCS Purchased by Barrett & Company Inc.

Barrett & Company Inc. acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 47,641 shares of the company’s stock, valued at approximately $4,471,000. First Trust Capital Strength ETF comprises 1.2% of Barrett & Company Inc.’s holdings, making the stock its 22nd largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Investors Research Corp bought a new position in shares of First Trust Capital Strength ETF during the 2nd quarter valued at approximately $16,354,000. Dagco Inc. boosted its holdings in First Trust Capital Strength ETF by 7.8% during the 1st quarter. Dagco Inc. now owns 81,960 shares of the company’s stock valued at $7,603,000 after acquiring an additional 5,913 shares during the period. Compass Financial Management LLC purchased a new stake in shares of First Trust Capital Strength ETF in the second quarter valued at approximately $897,000. RFG Advisory LLC raised its holdings in shares of First Trust Capital Strength ETF by 115.9% in the 1st quarter. RFG Advisory LLC now owns 46,900 shares of the company’s stock valued at $4,350,000 after purchasing an additional 25,182 shares in the last quarter. Finally, Everest Financial Group LLC purchased a new position in First Trust Capital Strength ETF in the first quarter valued at about $637,000.

First Trust Capital Strength ETF Price Performance

Shares of FTCS stock opened at $100.72 on Friday. The company has a market cap of $7.82 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. The stock’s fifty day moving average price is $98.06 and its 200 day moving average price is $96.15. First Trust Capital Strength ETF has a 1-year low of $89.76 and a 1-year high of $102.93.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a dividend of $0.3332 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. The ex-dividend date was Thursday, September 24th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.3%.

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.