Puff Wealth Management LLC Purchases 807 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Puff Wealth Management LLC grew its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 8.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 10,287 shares of the company’s stock after buying an additional 807 shares during the quarter. Puff Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $922,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. raised its stake in shares of First Trust Capital Strength ETF by 2,593.6% during the fourth quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock valued at $185,000 after acquiring an additional 2,023 shares during the last quarter. US Bancorp DE raised its stake in shares of First Trust Capital Strength ETF by 7.5% during the fourth quarter. US Bancorp DE now owns 10,880 shares of the company’s stock valued at $955,000 after acquiring an additional 761 shares during the last quarter. Allworth Financial LP raised its stake in shares of First Trust Capital Strength ETF by 3.1% during the fourth quarter. Allworth Financial LP now owns 8,991 shares of the company’s stock valued at $807,000 after acquiring an additional 267 shares during the last quarter. Wealthfront Advisers LLC bought a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at about $59,656,000. Finally, Thrivent Financial for Lutherans bought a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at about $250,000.

First Trust Capital Strength ETF Price Performance

FTCS stock opened at $91.10 on Friday. First Trust Capital Strength ETF has a 1 year low of $80.66 and a 1 year high of $94.23. The company has a market cap of $8.50 billion, a P/E ratio of 22.61 and a beta of 0.86. The firm has a 50-day moving average of $88.84 and a 200 day moving average of $89.30.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.2159 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend was Thursday, March 27th.

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).