Rothschild Wealth LLC Takes $8.51 Million Position in First Trust Capital Strength ETF $FTCS

Rothschild Wealth LLC acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 91,936 shares of the company’s stock, valued at approximately $8,505,000.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in shares of 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 valued at $27,000 after acquiring an additional 246 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 140.0% during the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after acquiring an additional 175 shares during the last quarter. BOKF NA acquired a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at about $28,000. Whittier Trust Co. acquired a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at about $30,000. Finally, Evelyn Partners Investment Management LLP acquired a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at about $37,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $94.67 on Wednesday. The firm has a market cap of $7.93 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. The business’s 50-day simple moving average is $93.49 and its 200-day simple moving average is $94.45. First Trust Capital Strength ETF has a 52 week low of $88.70 and a 52 week high of $99.74.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.2873 per share. This represents a $1.15 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, March 26th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.