SteelPeak Wealth LLC Purchases Shares of 2,231 First Trust Capital Strength ETF $FTCS

SteelPeak Wealth LLC acquired a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 2,231 shares of the company’s stock, valued at approximately $203,000.

Other large investors also recently modified their holdings of the company. HBW Advisory Services LLC increased its holdings in First Trust Capital Strength ETF by 2.0% during the second quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock worth $544,000 after buying an additional 119 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in First Trust Capital Strength ETF by 1.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 10,418 shares of the company’s stock worth $947,000 after buying an additional 127 shares during the last quarter. Moors & Cabot Inc. increased its holdings in First Trust Capital Strength ETF by 3.6% during the first quarter. Moors & Cabot Inc. now owns 4,890 shares of the company’s stock worth $438,000 after buying an additional 170 shares during the last quarter. Daymark Wealth Partners LLC increased its holdings in First Trust Capital Strength ETF by 0.6% during the first quarter. Daymark Wealth Partners LLC now owns 30,943 shares of the company’s stock worth $2,774,000 after buying an additional 183 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. increased its stake in shares of First Trust Capital Strength ETF by 64.6% in the first quarter. Hazlett Burt & Watson Inc. now owns 489 shares of the company’s stock worth $44,000 after purchasing an additional 192 shares in the last quarter.

First Trust Capital Strength ETF Stock Down 0.8%

FTCS opened at $93.08 on Friday. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 21.51 and a beta of 0.86. The firm has a 50-day moving average price of $92.77 and a 200-day moving average price of $90.62. First Trust Capital Strength ETF has a twelve month low of $80.65 and a twelve month high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.2527 dividend. The ex-dividend date was Thursday, September 25th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 annualized dividend and a dividend yield of 1.1%.

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).