First Trust Capital Strength ETF $FTCS Stock: tru Independence LLC Raises Stake

tru Independence LLC raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 204,291 shares of the company’s stock after buying an additional 5,121 shares during the quarter. First Trust Capital Strength ETF accounts for 8.2% of tru Independence LLC’s investment portfolio, making the stock its 4th largest holding. tru Independence LLC owned about 0.26% of First Trust Capital Strength ETF worth $19,173,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FTCS. Kestra Advisory Services LLC grew its position in shares of First Trust Capital Strength ETF by 4.4% during the 1st quarter. Kestra Advisory Services LLC now owns 400,906 shares of the company’s stock worth $37,188,000 after buying an additional 16,831 shares during the period. D.A. Davidson & CO. lifted its position 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 valued at $25,956,000 after acquiring an additional 1,147 shares during the period. Scarborough Advisors LLC lifted its position in shares of 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 valued at $24,219,000 after acquiring an additional 5,037 shares during the period. Heck Capital Advisors LLC boosted its stake in First Trust Capital Strength ETF by 2.2% during the second quarter. Heck Capital Advisors LLC now owns 187,487 shares of the company’s stock worth $17,609,000 after acquiring an additional 4,093 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in First Trust Capital Strength ETF by 10.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 186,690 shares of the company’s stock worth $17,271,000 after acquiring an additional 18,411 shares in the last quarter.

First Trust Capital Strength ETF Trading Down 0.5%

NASDAQ:FTCS opened at $99.00 on Tuesday. The stock has a market capitalization of $7.73 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. The firm has a fifty day simple moving average of $98.06 and a two-hundred day simple moving average of $95.96. First Trust Capital Strength ETF has a 12 month low of $89.76 and a 12 month high of $102.93.

First Trust Capital Strength ETF Increases Dividend

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