Kingswood Wealth Advisors LLC Has $8.17 Million Stake in First Trust Capital Strength ETF $FTCS

Kingswood Wealth Advisors LLC boosted its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 56.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,278 shares of the company’s stock after purchasing an additional 31,483 shares during the period. Kingswood Wealth Advisors LLC owned 0.10% of First Trust Capital Strength ETF worth $8,173,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FTCS. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Capital Strength ETF in the second quarter valued at approximately $25,000. EverSource Wealth Advisors LLC boosted its position 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 buying an additional 246 shares during the period. Davis Capital Management bought a new stake in First Trust Capital Strength ETF during the 3rd quarter worth approximately $28,000. Princeton Global Asset Management LLC acquired a new position in First Trust Capital Strength ETF in the 3rd quarter valued at approximately $29,000. Finally, Mather Group LLC. acquired a new position in First Trust Capital Strength ETF in the 3rd quarter valued at approximately $30,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $93.43 on Thursday. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $94.50. The firm has a market cap of $8.14 billion, a PE ratio of 21.51 and a beta of 0.80. The firm’s fifty day moving average is $92.25 and its 200-day moving average is $92.28.

First Trust Capital Strength ETF Increases Dividend

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

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.