Commonwealth Equity Services LLC Purchases 725,947 Shares of First Trust Capital Strength ETF $FTCS

Commonwealth Equity Services LLC acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 725,947 shares of the company’s stock, valued at approximately $68,130,000. Commonwealth Equity Services LLC owned about 0.94% of First Trust Capital Strength ETF as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Dynamic Advisor Solutions LLC boosted its stake in shares of First Trust Capital Strength ETF by 0.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 24,796 shares of the company’s stock valued at $2,329,000 after acquiring an additional 114 shares during the last quarter. CoreCap Advisors LLC grew its holdings in First Trust Capital Strength ETF by 34.8% during the 3rd quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock worth $51,000 after acquiring an additional 141 shares in the last quarter. Bessemer Group Inc. boosted its holdings in First Trust Capital Strength ETF by 5.2% in the first quarter. Bessemer Group Inc. now owns 2,955 shares of the company’s stock worth $274,000 after purchasing an additional 145 shares during the period. Pine Valley Investments Ltd Liability Co lifted its holdings in shares of First Trust Capital Strength ETF by 0.8% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 19,909 shares of the company’s stock worth $1,847,000 after purchasing an additional 149 shares during the last quarter. Finally, Novem Group boosted its stake in First Trust Capital Strength ETF by 2.7% during the 3rd quarter. Novem Group now owns 6,918 shares of the company’s stock valued at $649,000 after purchasing an additional 183 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of FTCS traded down $1.16 during mid-day trading on Friday, hitting $102.58. The company’s stock had a trading volume of 530,801 shares, compared to its average volume of 522,929. The stock has a market capitalization of $7.96 billion, a price-to-earnings ratio of 21.51 and a beta of 0.67. The firm has a 50-day moving average price of $98.31 and a 200 day moving average price of $96.46. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $106.65.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.3332 dividend. The ex-dividend date was Thursday, September 24th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 annualized dividend and a dividend yield of 1.3%.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.