Heck Capital Advisors LLC Boosts Stake in First Trust Capital Strength ETF $FTCS

Heck Capital Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 15.9% during the second quarter, Holdings Channel reports. The fund owned 230,609 shares of the company’s stock after purchasing an additional 31,579 shares during the quarter. First Trust Capital Strength ETF accounts for 1.8% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Heck Capital Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $20,960,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its stake in shares of First Trust Capital Strength ETF by 503.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after buying an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers bought a new position in First Trust Capital Strength ETF during the 1st quarter valued at $131,493,000. Kingswood Wealth Advisors LLC grew its holdings in First Trust Capital Strength ETF by 200.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 283,288 shares of the company’s stock worth $25,407,000 after acquiring an additional 188,868 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of First Trust Capital Strength ETF by 74.0% in the 1st 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 last quarter. Finally, LPL Financial LLC raised its stake in shares of First Trust Capital Strength ETF by 1.6% in the 1st quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock valued at $687,036,000 after purchasing an additional 121,726 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $93.66 on Monday. 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 one year low of $80.65 and a one year high of $94.37. The company’s 50-day simple moving average is $92.58 and its 200-day simple moving average is $90.51.

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 dividend of $0.2527 per share. This represents a $1.01 annualized dividend and a yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. The ex-dividend date 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).