Saxon Interests Inc. Takes $992,000 Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Saxon Interests Inc. purchased a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 12,396 shares of the company’s stock, valued at approximately $992,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MML Investors Services LLC acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at about $41,677,000. Mariner LLC boosted its position in First Trust Capital Strength ETF by 928.3% in the 4th quarter. Mariner LLC now owns 396,901 shares of the company’s stock valued at $29,748,000 after buying an additional 358,303 shares during the period. JPMorgan Chase & Co. grew its stake in shares of First Trust Capital Strength ETF by 217.5% in the first quarter. JPMorgan Chase & Co. now owns 386,944 shares of the company’s stock worth $28,223,000 after acquiring an additional 265,070 shares in the last quarter. KPP Advisory Services LLC purchased a new stake in shares of First Trust Capital Strength ETF during the third quarter worth $15,466,000. Finally, HighTower Advisors LLC acquired a new stake in shares of First Trust Capital Strength ETF in the third quarter valued at $12,095,000.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock traded up $0.02 on Friday, reaching $85.65. 242,431 shares of the company were exchanged, compared to its average volume of 356,251. First Trust Capital Strength ETF has a 1-year low of $70.91 and a 1-year high of $85.89. The stock’s 50 day moving average price is $83.12 and its 200-day moving average price is $78.85. The company has a market cap of $9.25 billion, a P/E ratio of 19.66 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a $0.2247 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.05%.

About First Trust Capital Strength ETF

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).