B. Riley Wealth Advisors Inc. Invests $2.64 Million in First Trust Capital Strength ETF $FTCS

B. Riley Wealth Advisors Inc. acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 29,052 shares of the company’s stock, valued at approximately $2,641,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HBW Advisory Services LLC boosted its position in shares of First Trust Capital Strength ETF by 2.0% during the 2nd quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock valued at $544,000 after acquiring an additional 119 shares during the last quarter. Wealthcare Advisory Partners LLC raised its stake in First Trust Capital Strength ETF by 1.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 10,418 shares of the company’s stock valued at $947,000 after purchasing an additional 127 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its position in First Trust Capital Strength ETF by 26.4% during the second quarter. Hazlett Burt & Watson Inc. now owns 618 shares of the company’s stock valued at $56,000 after purchasing an additional 129 shares during the last quarter. MGO One Seven LLC lifted its position in First Trust Capital Strength ETF by 0.8% during the second quarter. MGO One Seven LLC now owns 19,459 shares of the company’s stock valued at $1,769,000 after purchasing an additional 154 shares during the last quarter. Finally, Huntleigh Advisors Inc. grew its stake in First Trust Capital Strength ETF by 2.8% in the 2nd quarter. Huntleigh Advisors Inc. now owns 5,826 shares of the company’s stock worth $530,000 after buying an additional 161 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $93.15 on Monday. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $94.37. The stock has a market cap of $8.34 billion, a P/E ratio of 21.51 and a beta of 0.80. The firm’s fifty day moving average price is $92.23 and its 200-day moving average price is $91.94.

First Trust Capital Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a dividend of $0.2607 per share. This represents a $1.04 annualized dividend and a yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, December 12th.

First Trust Capital Strength ETF Company 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).