Benjamin Edwards Inc. Grows Position in First Trust Capital Strength ETF $FTCS

Benjamin Edwards Inc. boosted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 24.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,188 shares of the company’s stock after buying an additional 19,009 shares during the period. Benjamin Edwards Inc. owned 0.11% of First Trust Capital Strength ETF worth $9,104,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTCS. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Capital Strength ETF in the 2nd quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its stake in 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 worth $27,000 after purchasing an additional 246 shares during the period. Davis Capital Management purchased a new position in First Trust Capital Strength ETF during the 3rd quarter worth $28,000. Princeton Global Asset Management LLC acquired a new position in First Trust Capital Strength ETF in the third quarter valued at $29,000. Finally, Mather Group LLC. purchased a new stake in shares of First Trust Capital Strength ETF in the third quarter valued at about $30,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS opened at $94.58 on Friday. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $94.79. The firm has a 50-day simple moving average of $92.31 and a 200-day simple moving average of $92.29. The company has a market capitalization of $8.23 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

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

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