Investors Research Corp Has $15.96 Million Stock Position in First Trust Capital Strength ETF $FTCS

Investors Research Corp grew its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 172,565 shares of the company’s stock after purchasing an additional 6,031 shares during the period. First Trust Capital Strength ETF makes up approximately 2.9% of Investors Research Corp’s portfolio, making the stock its 7th biggest holding. Investors Research Corp’s holdings in First Trust Capital Strength ETF were worth $15,964,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Park Avenue Securities LLC increased its stake in shares of First Trust Capital Strength ETF by 0.6% in the fourth quarter. Park Avenue Securities LLC now owns 18,904 shares of the company’s stock valued at $1,749,000 after buying an additional 109 shares during the period. Holos Integrated Wealth LLC bought a new position in First Trust Capital Strength ETF in the 4th quarter valued at approximately $1,105,000. GAMMA Investing LLC boosted its position in First Trust Capital Strength ETF by 17.7% during the 4th quarter. GAMMA Investing LLC now owns 13,077 shares of the company’s stock worth $1,210,000 after buying an additional 1,963 shares during the period. JPMorgan Chase & Co. boosted its position in First Trust Capital Strength ETF by 3.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 29,108 shares of the company’s stock worth $2,726,000 after buying an additional 949 shares during the period. Finally, Stillwater Wealth Management Group bought a new stake in First Trust Capital Strength ETF during the 3rd quarter worth approximately $1,606,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $92.76 on Friday. First Trust Capital Strength ETF has a 52-week low of $80.65 and a 52-week high of $99.74. The firm has a 50 day moving average price of $96.77 and a two-hundred day moving average price of $94.06. The stock has a market cap of $7.94 billion, a P/E ratio of 21.51 and a beta of 0.80.

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.