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

HUB Investment Partners LLC bought a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 20,789 shares of the company’s stock, valued at approximately $1,947,000.

A number of other hedge funds also recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after buying an additional 246 shares in the last quarter. Davis Capital Management purchased a new stake in First Trust Capital Strength ETF in the 3rd quarter worth about $28,000. Princeton Global Asset Management LLC purchased a new stake in First Trust Capital Strength ETF in the 3rd quarter worth about $29,000. Mather Group LLC. acquired a new stake in First Trust Capital Strength ETF during the 3rd quarter worth about $30,000. Finally, Root Financial Partners LLC acquired a new stake in First Trust Capital Strength ETF during the 3rd quarter worth about $37,000.

First Trust Capital Strength ETF Price Performance

Shares of FTCS opened at $97.10 on Friday. The business’s 50-day moving average is $96.54 and its 200-day moving average is $93.97. The company has a market capitalization of $8.31 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $99.74.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.2607 dividend. The ex-dividend date was Friday, December 12th. This represents a $1.04 annualized dividend and a yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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.