Jones Financial Companies Lllp Boosts Position in First Trust Capital Strength ETF $FTCS

Jones Financial Companies Lllp boosted its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 19.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 665,115 shares of the company’s stock after acquiring an additional 110,480 shares during the period. Jones Financial Companies Lllp owned 0.74% of First Trust Capital Strength ETF worth $61,760,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in shares of First Trust Capital Strength ETF by 1.5% during the 2nd quarter. Bank of America Corp DE now owns 1,714,227 shares of the company’s stock worth $155,806,000 after acquiring an additional 25,024 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 975,950 shares of the company’s stock valued at $88,750,000 after purchasing an additional 22,849 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in First Trust Capital Strength ETF by 3.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 455,404 shares of the company’s stock valued at $42,644,000 after buying an additional 13,532 shares in the last quarter. Silver Oak Securities Incorporated boosted its holdings in First Trust Capital Strength ETF by 1.8% in the third quarter. Silver Oak Securities Incorporated now owns 438,255 shares of the company’s stock worth $41,038,000 after acquiring an additional 7,944 shares in the last quarter. Finally, American Financial Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 2.8% during the third quarter. American Financial Advisors LLC now owns 378,332 shares of the company’s stock valued at $35,427,000 after acquiring an additional 10,294 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $97.59 on Tuesday. The firm has a 50-day simple moving average of $93.94 and a two-hundred day simple moving average of $92.91. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $97.69. The firm has a market cap of $8.36 billion, a P/E ratio of 21.51 and a beta of 0.80.

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 given a $0.2607 dividend. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%.

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.