Hilton Head Capital Partners LLC Acquires Shares of 30,998 First Trust Capital Strength ETF $FTCS

Hilton Head Capital Partners LLC bought a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,998 shares of the company’s stock, valued at approximately $2,868,000. First Trust Capital Strength ETF comprises 1.7% of Hilton Head Capital Partners LLC’s holdings, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Concentrum Wealth Management boosted its holdings in First Trust Capital Strength ETF by 5.1% during the third quarter. Concentrum Wealth Management now owns 109,417 shares of the company’s stock worth $10,246,000 after buying an additional 5,341 shares in the last quarter. Holos Integrated Wealth LLC purchased a new position in First Trust Capital Strength ETF in the fourth quarter valued at $1,105,000. Crux Wealth Advisors raised its position in shares of First Trust Capital Strength ETF by 392.8% in the fourth quarter. Crux Wealth Advisors now owns 30,872 shares of the company’s stock worth $2,856,000 after acquiring an additional 24,608 shares during the period. Stillwater Wealth Management Group purchased a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth about $1,606,000. Finally, HUB Investment Partners LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at about $1,947,000.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock opened at $93.72 on Monday. The firm has a market cap of $7.85 billion, a PE ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a twelve month low of $88.70 and a twelve month high of $99.74. The business has a 50-day moving average price of $93.27 and a 200 day moving average price of $94.30.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.2873 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26. The ex-dividend date was Thursday, March 26th.

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.