American Financial Advisors LLC Has $35.43 Million Holdings in First Trust Capital Strength ETF $FTCS

American Financial Advisors LLC increased its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 378,332 shares of the company’s stock after acquiring an additional 10,294 shares during the quarter. First Trust Capital Strength ETF comprises 4.6% of American Financial Advisors LLC’s holdings, making the stock its 8th largest holding. American Financial Advisors LLC owned about 0.42% of First Trust Capital Strength ETF worth $35,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of Montreal Can increased its position in shares of First Trust Capital Strength ETF by 547.1% during the second quarter. Bank of Montreal Can now owns 660 shares of the company’s stock worth $60,000 after buying an additional 558 shares during the period. Randall & Associates Wealth Management lifted its holdings in First Trust Capital Strength ETF by 4.9% in the third quarter. Randall & Associates Wealth Management now owns 272,526 shares of the company’s stock valued at $25,519,000 after buying an additional 12,783 shares during the period. Geneos Wealth Management Inc. boosted its position in First Trust Capital Strength ETF by 76.3% during the second quarter. Geneos Wealth Management Inc. now owns 53,051 shares of the company’s stock valued at $4,822,000 after acquiring an additional 22,966 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in First Trust Capital Strength ETF by 272.4% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 17,536 shares of the company’s stock worth $1,594,000 after acquiring an additional 12,827 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in First Trust Capital Strength ETF by 76.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 23,747 shares of the company’s stock worth $2,224,000 after acquiring an additional 10,265 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $95.34 on Tuesday. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $95.40. The business’s 50-day moving average is $92.48 and its 200-day moving average is $92.40.

First Trust Capital Strength ETF Increases Dividend

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

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.