Partners Wealth Management LLC Makes New Investment in First Trust Capital Strength ETF $FTCS

Partners Wealth Management LLC purchased a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,718 shares of the company’s stock, valued at approximately $1,100,000.

Several other large investors have also recently made changes to their positions in the stock. Kestra Advisory Services LLC grew its stake in First Trust Capital Strength ETF by 4.4% in the first quarter. Kestra Advisory Services LLC now owns 400,906 shares of the company’s stock valued at $37,188,000 after purchasing an additional 16,831 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of First Trust Capital Strength ETF by 0.4% in the 1st quarter. D.A. Davidson & CO. now owns 279,819 shares of the company’s stock worth $25,956,000 after buying an additional 1,147 shares during the last quarter. Scarborough Advisors LLC raised its stake 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 worth $24,219,000 after acquiring an additional 5,037 shares in the last quarter. tru Independence LLC raised its stake in shares of First Trust Capital Strength ETF by 2.6% during the 3rd quarter. tru Independence LLC now owns 204,291 shares of the company’s stock worth $19,173,000 after acquiring an additional 5,121 shares in the last quarter. Finally, Heck Capital Advisors LLC lifted its position 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 valued at $17,609,000 after acquiring an additional 4,093 shares during the last quarter.

First Trust Capital Strength ETF Trading Up 0.2%

NASDAQ FTCS opened at $102.27 on Friday. The firm’s fifty day simple moving average is $98.11 and its two-hundred day simple moving average is $96.26. First Trust Capital Strength ETF has a 12-month low of $89.76 and a 12-month high of $103.58. The firm has a market capitalization of $7.93 billion, a P/E ratio of 21.51 and a beta of 0.70.

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 issued a dividend of $0.3332 per share. The ex-dividend date was Thursday, September 24th. This represents a $1.33 annualized dividend and a dividend yield of 1.3%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636.

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.