Farther Finance Advisors LLC Grows Stake in First Trust Capital Strength ETF $FTCS

Farther Finance Advisors LLC lifted its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 70.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,487 shares of the company’s stock after purchasing an additional 16,740 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $3,745,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Wisconsin Wealth Advisors LLC increased its stake in shares of First Trust Capital Strength ETF by 0.5% during the fourth quarter. Wisconsin Wealth Advisors LLC now owns 20,243 shares of the company’s stock worth $1,873,000 after purchasing an additional 108 shares in the last quarter. Park Avenue Securities LLC grew its stake in First Trust Capital Strength ETF by 0.6% during the 4th quarter. Park Avenue Securities LLC now owns 18,904 shares of the company’s stock valued at $1,749,000 after acquiring an additional 109 shares in the last quarter. Huntleigh Advisors Inc. grew its stake in First Trust Capital Strength ETF by 2.0% during the 3rd quarter. Huntleigh Advisors Inc. now owns 5,940 shares of the company’s stock valued at $556,000 after acquiring an additional 114 shares in the last quarter. Brookstone Capital Management grew its stake in First Trust Capital Strength ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 4,931 shares of the company’s stock valued at $456,000 after acquiring an additional 120 shares in the last quarter. Finally, Savant Capital LLC grew its stake in First Trust Capital Strength ETF by 1.1% during the 3rd quarter. Savant Capital LLC now owns 11,899 shares of the company’s stock valued at $1,114,000 after acquiring an additional 128 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.8%

Shares of NASDAQ FTCS opened at $94.74 on Friday. First Trust Capital Strength ETF has a 12-month low of $83.95 and a 12-month high of $99.74. The stock has a market cap of $8.01 billion, a PE ratio of 21.51 and a beta of 0.78. The company has a 50-day moving average of $95.42 and a 200 day moving average of $94.11.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.2873 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.15 annualized dividend and a yield of 1.2%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

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.