Sequoia Financial Advisors LLC Buys New Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Sequoia Financial Advisors LLC purchased a new position in 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 institutional investor purchased 4,415 shares of the company’s stock, valued at approximately $401,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. DeDora Capital Inc. acquired a new position in shares of First Trust Capital Strength ETF during the third quarter worth approximately $2,286,000. Cyndeo Wealth Partners LLC bought a new stake in First Trust Capital Strength ETF during the 3rd quarter valued at $477,000. Cedrus LLC raised its holdings in First Trust Capital Strength ETF by 13.9% during the third quarter. Cedrus LLC now owns 121,070 shares of the company’s stock worth $10,993,000 after buying an additional 14,756 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of First Trust Capital Strength ETF in the third quarter valued at $369,000. Finally, Secure Asset Management LLC grew its holdings in shares of First Trust Capital Strength ETF by 3.1% during the third quarter. Secure Asset Management LLC now owns 46,960 shares of the company’s stock valued at $4,264,000 after buying an additional 1,405 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

NASDAQ:FTCS opened at $90.20 on Monday. First Trust Capital Strength ETF has a one year low of $71.11 and a one year high of $93.05. The company has a market cap of $8.91 billion, a PE ratio of 21.52 and a beta of 0.86. The firm has a 50-day moving average of $90.44 and a 200-day moving average of $86.43.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.2566 per share. This represents a $1.03 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend was Thursday, September 26th.

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).