Beacon Financial Advisory LLC Has $1.47 Million Stock Position in First Trust Capital Strength ETF $FTCS

Beacon Financial Advisory LLC grew its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,183 shares of the company’s stock after acquiring an additional 480 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $1,471,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in First Trust Capital Strength ETF by 1.6% during the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock worth $687,036,000 after acquiring an additional 121,726 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of First Trust Capital Strength ETF by 503.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock worth $200,305,000 after purchasing an additional 1,864,116 shares during the period. Cetera Investment Advisers bought a new position in shares of First Trust Capital Strength ETF during the first quarter worth approximately $131,493,000. Truist Financial Corp increased its holdings in shares of First Trust Capital Strength ETF by 0.4% during the second quarter. Truist Financial Corp now owns 571,494 shares of the company’s stock worth $51,943,000 after purchasing an additional 2,171 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in shares of First Trust Capital Strength ETF by 74.0% during the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock worth $38,148,000 after purchasing an additional 183,074 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $93.66 on Friday. The company’s 50 day simple moving average is $92.58 and its 200 day simple moving average is $90.50. The stock has a market capitalization of $8.47 billion, a price-to-earnings ratio of 21.51 and a beta of 0.86. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.2527 dividend. This represents a $1.01 dividend on an annualized basis and a yield of 1.1%. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Thursday, September 25th.

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).