Farther Finance Advisors LLC Buys 10,265 Shares of First Trust Capital Strength ETF $FTCS

Farther Finance Advisors LLC increased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 76.1% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 23,747 shares of the company’s stock after purchasing an additional 10,265 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $2,224,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. purchased a new position in First Trust Capital Strength ETF during the second quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its position in shares of First Trust Capital Strength ETF by 492.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF in the third quarter worth $29,000. Abound Wealth Management bought a new position in shares of First Trust Capital Strength ETF in the second quarter worth $32,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of First Trust Capital Strength ETF in the first quarter worth $37,000.

First Trust Capital Strength ETF Stock Up 0.4%

First Trust Capital Strength ETF stock opened at $93.60 on Friday. The stock has a market cap of $8.38 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. The business has a 50-day simple moving average of $92.23 and a 200 day simple moving average of $92.06. 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 announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a $0.2607 dividend. This represents a $1.04 annualized dividend and a yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, December 12th.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.