Sun Financial Inc Acquires New Position in First Trust Capital Strength ETF $FTCS

Sun Financial Inc acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 31,382 shares of the company’s stock, valued at approximately $2,903,000. First Trust Capital Strength ETF comprises about 1.6% of Sun Financial Inc’s investment portfolio, making the stock its 13th biggest position.

Several other institutional investors also recently bought and sold shares of the company. KPP Advisory Services LLC grew its position in First Trust Capital Strength ETF by 10.4% during the 4th quarter. KPP Advisory Services LLC now owns 51,515 shares of the company’s stock valued at $4,766,000 after purchasing an additional 4,836 shares during the last quarter. CENTRAL TRUST Co purchased a new stake in First Trust Capital Strength ETF during the 4th quarter valued at about $51,000. Benjamin Edwards Inc. grew its position in First Trust Capital Strength ETF by 7.8% during the 4th quarter. Benjamin Edwards Inc. now owns 104,810 shares of the company’s stock valued at $9,700,000 after purchasing an additional 7,622 shares during the last quarter. Fifth Third Bancorp grew its position in First Trust Capital Strength ETF by 37.6% during the 4th quarter. Fifth Third Bancorp now owns 1,876 shares of the company’s stock valued at $174,000 after purchasing an additional 513 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in First Trust Capital Strength ETF during the 4th quarter valued at about $134,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $93.46 on Monday. First Trust Capital Strength ETF has a one year low of $88.43 and a one year high of $99.74. The company’s 50-day moving average is $94.60 and its 200 day moving average is $94.13. The company has a market capitalization of $7.83 billion, a price-to-earnings ratio of 21.51 and a beta of 0.73.

First Trust Capital Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.2873 per share. The ex-dividend date was Thursday, March 26th. This represents a $1.15 annualized dividend and a yield of 1.2%. This is an increase 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.