Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 36.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 781,909 shares of the company’s stock after acquiring an additional 210,048 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $42,239,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in First Trust Capital Strength ETF by 118.7% in the fourth quarter. Bank of America Corp DE now owns 1,077,634 shares of the company’s stock valued at $52,028,000 after purchasing an additional 584,965 shares in the last quarter. BB&T Securities LLC raised its stake in First Trust Capital Strength ETF by 577.7% in the fourth quarter. BB&T Securities LLC now owns 351,668 shares of the company’s stock valued at $16,978,000 after purchasing an additional 299,779 shares in the last quarter. LPL Financial LLC raised its stake in First Trust Capital Strength ETF by 18.7% in the fourth quarter. LPL Financial LLC now owns 1,522,835 shares of the company’s stock valued at $73,522,000 after purchasing an additional 239,745 shares in the last quarter. Strategic Wealth Advisors Group LLC acquired a new position in First Trust Capital Strength ETF in the fourth quarter valued at about $7,294,000. Finally, Suntrust Banks Inc. acquired a new position in First Trust Capital Strength ETF in the fourth quarter valued at about $6,535,000.

FTCS stock opened at $54.54 on Thursday. First Trust Capital Strength ETF has a 52 week low of $45.02 and a 52 week high of $55.99.

ILLEGAL ACTIVITY WARNING: “Raymond James Financial Services Advisors Inc. Boosts Stake in First Trust Capital Strength ETF (FTCS)” was first published by Watch List News and is owned by of Watch List News. If you are accessing this news story on another site, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this news story can be viewed at https://www.watchlistnews.com/raymond-james-financial-services-advisors-inc-boosts-stake-in-first-trust-capital-strength-etf-ftcs/3012292.html.

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).

See Also: What is the Book Value of a Share?

Want to see what other hedge funds are holding FTCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Capital Strength ETF (NASDAQ:FTCS).

Institutional Ownership by Quarter for First Trust Capital Strength ETF (NASDAQ:FTCS)

Receive News & Ratings for First Trust Capital Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Capital Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.