Gateway Wealth Partners LLC Buys 84,185 Shares of First Trust Capital Strength ETF $FTCS

Gateway Wealth Partners LLC boosted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 99.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 169,052 shares of the company’s stock after acquiring an additional 84,185 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Capital Strength ETF were worth $15,681,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Caitlin John LLC increased its stake in shares of First Trust Capital Strength ETF by 288.0% in the fourth quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after purchasing an additional 216 shares in the last quarter. BOKF NA purchased a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $28,000. EverSource Wealth Advisors LLC boosted its holdings in First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after buying an additional 246 shares during the period. Parallel Advisors LLC boosted its holdings in First Trust Capital Strength ETF by 140.0% in the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after buying an additional 175 shares during the period. Finally, Whittier Trust Co. purchased a new stake in First Trust Capital Strength ETF in the 4th quarter worth $30,000.

First Trust Capital Strength ETF Price Performance

NASDAQ:FTCS opened at $97.39 on Monday. The business’s 50-day simple moving average is $94.70 and its two-hundred day simple moving average is $94.98. The stock has a market cap of $7.80 billion, a PE ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a 52 week low of $89.76 and a 52 week high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.2636 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, June 25th.

First Trust Capital Strength ETF 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.