Great Valley Advisor Group Inc. Increases Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Great Valley Advisor Group Inc. lifted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 29.6% in the third quarter, Holdings Channel reports. The firm owned 142,170 shares of the company’s stock after purchasing an additional 32,455 shares during the period. Great Valley Advisor Group Inc.’s holdings in First Trust Capital Strength ETF were worth $12,909,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in FTCS. Davis Capital Management purchased a new stake in shares of First Trust Capital Strength ETF during the second quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in First Trust Capital Strength ETF during the 3rd quarter valued at approximately $29,000. Asset Dedication LLC purchased a new stake in First Trust Capital Strength ETF during the 2nd quarter worth approximately $31,000. EverSource Wealth Advisors LLC acquired a new position in shares of First Trust Capital Strength ETF in the 2nd quarter valued at approximately $32,000. Finally, ORG Partners LLC acquired a new stake in shares of First Trust Capital Strength ETF during the third quarter worth approximately $64,000.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock opened at $92.82 on Friday. The firm’s 50-day simple moving average is $91.00 and its 200-day simple moving average is $87.55. First Trust Capital Strength ETF has a 1 year low of $76.60 and a 1 year high of $93.12. The firm has a market cap of $9.16 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 1.11%. The ex-dividend date was Thursday, September 26th.

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).