Fmr LLC Increases Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Fmr LLC raised its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 19.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 21,619 shares of the company’s stock after purchasing an additional 3,508 shares during the quarter. Fmr LLC’s holdings in First Trust Capital Strength ETF were worth $1,963,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $29,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter worth about $32,000. Asset Dedication LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter worth about $31,000. ORG Partners LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $64,000. Finally, Pinnacle Bancorp Inc. lifted its position in shares of First Trust Capital Strength ETF by 39.1% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,188 shares of the company’s stock worth $108,000 after purchasing an additional 334 shares during the period.

First Trust Capital Strength ETF Trading Down 0.6 %

NASDAQ:FTCS opened at $90.37 on Monday. The company has a 50-day moving average price of $91.65 and a 200-day moving average price of $88.60. First Trust Capital Strength ETF has a 12 month low of $78.82 and a 12 month high of $94.23. The stock has a market cap of $8.92 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a $0.4043 dividend. The ex-dividend date of this dividend is Friday, December 13th.

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).