Foundations Investment Advisors LLC Has $3.07 Million Stock Holdings in First Trust Capital Strength ETF $FTCS

Foundations Investment Advisors LLC lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 44.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,800 shares of the company’s stock after selling 25,856 shares during the quarter. Foundations Investment Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $3,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its holdings in First Trust Capital Strength ETF by 492.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after acquiring an additional 246 shares during the last quarter. Davis Capital Management acquired a new position in shares of First Trust Capital Strength ETF during the third quarter worth $28,000. Princeton Global Asset Management LLC bought a new stake in shares of First Trust Capital Strength ETF in the third quarter worth $29,000. Mather Group LLC. bought a new stake in shares of First Trust Capital Strength ETF in the third quarter worth $30,000. Finally, Root Financial Partners LLC acquired a new stake in First Trust Capital Strength ETF in the third quarter valued at $37,000.

First Trust Capital Strength ETF Stock Up 0.6%

Shares of NASDAQ:FTCS opened at $96.76 on Friday. The firm has a market cap of $8.28 billion, a P/E ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $96.80. The business has a fifty day simple moving average of $93.80 and a 200 day simple moving average of $92.83.

First Trust Capital Strength ETF Increases Dividend

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

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.