Heck Capital Advisors LLC Has $20.84 Million Stock Position in First Trust Capital Strength ETF $FTCS

Heck Capital Advisors LLC lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 222,520 shares of the company’s stock after selling 8,089 shares during the quarter. First Trust Capital Strength ETF accounts for approximately 1.6% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Heck Capital Advisors LLC owned about 0.25% of First Trust Capital Strength ETF worth $20,837,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of FTCS. AQR Capital Management LLC boosted its stake in First Trust Capital Strength ETF by 93.9% in the first quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock valued at $510,000 after buying an additional 2,755 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in First Trust Capital Strength ETF by 1.7% during the first quarter. Geneos Wealth Management Inc. now owns 30,085 shares of the company’s stock worth $2,697,000 after acquiring an additional 491 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of First Trust Capital Strength ETF by 74.0% in the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock worth $38,148,000 after acquiring an additional 183,074 shares during the last quarter. Compass Financial Services Inc acquired a new stake in shares of First Trust Capital Strength ETF in the 1st quarter valued at approximately $48,000. Finally, HBW Advisory Services LLC boosted its stake in shares of First Trust Capital Strength ETF by 2.0% in the 2nd quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock valued at $544,000 after purchasing an additional 119 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

FTCS stock opened at $94.87 on Friday. The stock has a market cap of $8.26 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. The company has a 50 day simple moving average of $92.38 and a 200 day simple moving average of $92.33. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $95.17.

First Trust Capital Strength ETF Increases Dividend

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

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.