TFB Advisors LLC Takes $249,000 Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

TFB Advisors LLC purchased a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,062 shares of the company’s stock, valued at approximately $249,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mather Group LLC. acquired a new position in First Trust Capital Strength ETF during the first quarter valued at approximately $34,000. Hexagon Capital Partners LLC acquired a new position in First Trust Capital Strength ETF during the fourth quarter valued at approximately $44,000. EdgeRock Capital LLC acquired a new position in First Trust Capital Strength ETF during the fourth quarter valued at approximately $61,000. Anchor Investment Management LLC bought a new stake in shares of First Trust Capital Strength ETF during the fourth quarter worth $64,000. Finally, Tucker Asset Management LLC grew its stake in shares of First Trust Capital Strength ETF by 43.6% during the third quarter. Tucker Asset Management LLC now owns 952 shares of the company’s stock worth $70,000 after buying an additional 289 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock traded up $0.67 during trading on Wednesday, hitting $84.40. The company’s stock had a trading volume of 325,984 shares, compared to its average volume of 332,316. First Trust Capital Strength ETF has a 52 week low of $71.11 and a 52 week high of $86.11. The stock has a market cap of $8.61 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The stock has a 50-day moving average price of $83.91 and a two-hundred day moving average price of $82.94.

First Trust Capital Strength ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.2843 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.14 dividend on an annualized basis and a yield of 1.35%.

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).