Orion Porfolio Solutions LLC Increases Holdings in First Trust Capital Strength ETF $FTCS

Orion Porfolio Solutions LLC increased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 272.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,536 shares of the company’s stock after acquiring an additional 12,827 shares during the period. Orion Porfolio Solutions LLC’s holdings in First Trust Capital Strength ETF were worth $1,594,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new stake in First Trust Capital Strength ETF in the second quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its position in shares of First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after buying an additional 246 shares in the last quarter. Abound Wealth Management purchased a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter worth about $32,000. Flaharty Asset Management LLC acquired a new stake in First Trust Capital Strength ETF in the 1st quarter valued at about $37,000. Finally, Smartleaf Asset Management LLC purchased a new position in First Trust Capital Strength ETF during the 2nd quarter valued at about $40,000.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $92.72 on Monday. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $94.37. The company has a market capitalization of $8.30 billion, a PE ratio of 21.51 and a beta of 0.80. The firm’s 50-day moving average is $92.17 and its two-hundred day moving average is $92.00.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be given a dividend of $0.2607 per share. The ex-dividend date of this dividend is Friday, December 12th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.