Jones Financial Companies Lllp Raises Stock Position in First Trust Capital Strength ETF $FTCS

Jones Financial Companies Lllp raised its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 74.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 430,512 shares of the company’s stock after acquiring an additional 183,074 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.46% of First Trust Capital Strength ETF worth $38,148,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FTCS. REAP Financial Group LLC lifted its stake in First Trust Capital Strength ETF by 2.2% in the 4th quarter. REAP Financial Group LLC now owns 7,172 shares of the company’s stock valued at $630,000 after buying an additional 153 shares in the last quarter. Moors & Cabot Inc. grew its holdings in First Trust Capital Strength ETF by 3.6% in the 1st quarter. Moors & Cabot Inc. now owns 4,890 shares of the company’s stock valued at $438,000 after buying an additional 170 shares in the last quarter. Formidable Asset Management LLC increased its position in First Trust Capital Strength ETF by 2.9% during the fourth quarter. Formidable Asset Management LLC now owns 6,206 shares of the company’s stock worth $545,000 after purchasing an additional 174 shares during the last quarter. Daymark Wealth Partners LLC raised its position in First Trust Capital Strength ETF by 0.6% in the first quarter. Daymark Wealth Partners LLC now owns 30,943 shares of the company’s stock valued at $2,774,000 after purchasing an additional 183 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of First Trust Capital Strength ETF by 1.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 10,291 shares of the company’s stock worth $922,000 after acquiring an additional 190 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 0.6%

Shares of FTCS stock opened at $93.18 on Monday. The stock has a market capitalization of $8.54 billion, a PE ratio of 21.51 and a beta of 0.86. The firm has a 50 day moving average of $92.12 and a two-hundred day moving average of $90.15. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a dividend of $0.2334 per share. The ex-dividend date was Thursday, June 26th. This represents a $0.93 annualized dividend and a yield of 1.0%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.22.

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).