First Trust Capital Strength ETF $FTCS Stock Purchased by tru Independence LLC

tru Independence LLC raised its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 204,291 shares of the company’s stock after acquiring an additional 5,121 shares during the period. First Trust Capital Strength ETF makes up about 8.2% of tru Independence LLC’s holdings, making the stock its 4th largest position. tru Independence LLC’s holdings in First Trust Capital Strength ETF were worth $19,173,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Novem Group raised its position in shares of First Trust Capital Strength ETF by 2.7% during the third quarter. Novem Group now owns 6,918 shares of the company’s stock worth $649,000 after purchasing an additional 183 shares during the period. Capital Square LLC grew its position in First Trust Capital Strength ETF by 6.6% in the 3rd quarter. Capital Square LLC now owns 8,403 shares of the company’s stock valued at $789,000 after purchasing an additional 517 shares during the period. Herold Advisors Inc. acquired a new position in shares of First Trust Capital Strength ETF during the third quarter valued at about $253,000. Independent Wealth Network Inc. raised its holdings in shares of First Trust Capital Strength ETF by 4.0% in the 3rd quarter. Independent Wealth Network Inc. now owns 14,136 shares of the company’s stock worth $1,327,000 after acquiring an additional 540 shares during the last quarter. Finally, James T. Borello RIA bought a new position in First Trust Capital Strength ETF in the 3rd quarter valued at about $122,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $99.00 on Tuesday. The stock has a market cap of $7.73 billion, a price-to-earnings 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. The firm’s 50-day simple moving average is $98.06 and its 200 day simple moving average is $95.96.

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. This represents a $1.33 annualized dividend and a dividend yield of 1.3%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. The ex-dividend date of this dividend was Thursday, September 24th.

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.