Assetmark Inc. Has $6.91 Million Holdings in First Trust Capital Strength ETF $FTCS

Assetmark Inc. raised its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 8.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,821 shares of the company’s stock after purchasing an additional 5,901 shares during the quarter. Assetmark Inc. owned 0.08% of First Trust Capital Strength ETF worth $6,913,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC lifted its holdings in First Trust Capital Strength ETF by 93.9% during the 1st quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock worth $510,000 after purchasing an additional 2,755 shares during the last quarter. Balboa Wealth Partners increased its position in First Trust Capital Strength ETF by 12.7% during the 2nd quarter. Balboa Wealth Partners now owns 4,017 shares of the company’s stock worth $365,000 after buying an additional 452 shares during the period. Stephens Inc. AR increased its position in First Trust Capital Strength ETF by 0.9% during the 2nd quarter. Stephens Inc. AR now owns 72,952 shares of the company’s stock worth $6,631,000 after buying an additional 621 shares during the period. IMG Wealth Management Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 4.6% during the second quarter. IMG Wealth Management Inc. now owns 66,556 shares of the company’s stock worth $6,049,000 after buying an additional 2,953 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in shares of First Trust Capital Strength ETF by 0.6% in the second quarter. D.A. Davidson & CO. now owns 277,319 shares of the company’s stock valued at $25,206,000 after acquiring an additional 1,596 shares during the period.

First Trust Capital Strength ETF Trading Up 0.4%

Shares of FTCS stock opened at $97.71 on Tuesday. The stock has a market cap of $8.36 billion, a P/E 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 $99.21. The stock has a 50 day simple moving average of $95.09 and a 200 day simple moving average of $93.38.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.2607 per share. This represents a $1.04 annualized dividend and a dividend 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 was 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.