Compass Financial Management LLC Acquires New Shares in First Trust Capital Strength ETF $FTCS

Compass Financial Management LLC bought a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,485 shares of the company’s stock, valued at approximately $897,000.

Several other institutional investors have also recently bought and sold shares of the business. Two Sigma Investments LP boosted its stake in shares of First Trust Capital Strength ETF by 1,226.4% in the 3rd quarter. Two Sigma Investments LP now owns 286,500 shares of the company’s stock valued at $26,828,000 after purchasing an additional 264,900 shares in the last quarter. Evelyn Partners Investment Management Europe Ltd acquired a new position in First Trust Capital Strength ETF during the 4th quarter worth approximately $16,633,000. Investors Research Corp bought a new position in First Trust Capital Strength ETF in the 2nd quarter valued at approximately $16,354,000. Bank Hapoalim BM bought a new position in First Trust Capital Strength ETF in the 4th quarter valued at approximately $14,709,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Capital Strength ETF by 39.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 462,385 shares of the company’s stock valued at $42,775,000 after purchasing an additional 131,322 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock opened at $101.52 on Monday. The company’s 50 day moving average price is $97.34 and its two-hundred day moving average price is $95.61. The firm has a market capitalization of $8.06 billion, a P/E ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $102.93.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.2636 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 25th.

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