First Trust Capital Strength ETF $FTCS Position Lifted by Iams Wealth Management LLC

Iams Wealth Management LLC raised its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 35.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,645 shares of the company’s stock after acquiring an additional 5,144 shares during the period. Iams Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $1,844,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FTCS. Kestra Advisory Services LLC raised its holdings in shares of First Trust Capital Strength ETF by 4.4% in the 1st quarter. Kestra Advisory Services LLC now owns 400,906 shares of the company’s stock worth $37,188,000 after purchasing an additional 16,831 shares during the period. D.A. Davidson & CO. grew its holdings in shares of First Trust Capital Strength ETF by 0.4% during the 1st quarter. D.A. Davidson & CO. now owns 279,819 shares of the company’s stock worth $25,956,000 after purchasing an additional 1,147 shares during the period. Scarborough Advisors LLC increased its position in First Trust Capital Strength ETF by 2.0% during the 1st quarter. Scarborough Advisors LLC now owns 261,092 shares of the company’s stock worth $24,219,000 after purchasing an additional 5,037 shares in the last quarter. Heck Capital Advisors LLC increased its position in First Trust Capital Strength ETF by 2.2% during the 2nd quarter. Heck Capital Advisors LLC now owns 187,487 shares of the company’s stock worth $17,609,000 after purchasing an additional 4,093 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in First Trust Capital Strength ETF by 10.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 186,690 shares of the company’s stock worth $17,271,000 after purchasing an additional 18,411 shares in the last quarter.

First Trust Capital Strength ETF Stock Up 1.3%

Shares of FTCS stock opened at $98.79 on Friday. The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $102.93. The firm’s 50 day moving average price is $98.10 and its two-hundred day moving average price is $95.86.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a $0.3332 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 annualized dividend and a dividend yield of 1.3%.

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.