Park Avenue Securities LLC Purchases New Holdings in First Trust Capital Strength ETF $FTCS

Park Avenue Securities LLC purchased a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the 3rd quarter, Holdings Channel reports. The fund purchased 24,856 shares of the company’s stock, valued at approximately $2,333,000.

Other hedge funds have also recently bought and sold shares of the company. Kestra Advisory Services LLC increased its position in shares of First Trust Capital Strength ETF by 4.4% during the 1st quarter. Kestra Advisory Services LLC now owns 400,906 shares of the company’s stock worth $37,188,000 after purchasing an additional 16,831 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in shares of First Trust Capital Strength ETF by 0.4% in the 1st quarter. D.A. Davidson & CO. now owns 279,819 shares of the company’s stock valued at $25,956,000 after buying an additional 1,147 shares during the last quarter. Scarborough Advisors LLC raised its stake in First Trust Capital Strength ETF by 2.0% in the first quarter. Scarborough Advisors LLC now owns 261,092 shares of the company’s stock valued at $24,219,000 after buying an additional 5,037 shares during the period. tru Independence LLC raised its stake in First Trust Capital Strength ETF by 2.6% in the third quarter. tru Independence LLC now owns 204,291 shares of the company’s stock valued at $19,173,000 after buying an additional 5,121 shares during the period. Finally, Heck Capital Advisors LLC raised its stake in First Trust Capital Strength ETF by 2.2% in the second quarter. Heck Capital Advisors LLC now owns 187,487 shares of the company’s stock valued at $17,609,000 after buying an additional 4,093 shares during the period.

First Trust Capital Strength ETF Stock Up 0.2%

FTCS opened at $102.27 on Friday. First Trust Capital Strength ETF has a 12-month low of $89.76 and a 12-month high of $103.58. The business has a 50 day moving average of $98.11 and a 200-day moving average of $96.26. The stock has a market cap of $7.93 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.3332 dividend. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. The ex-dividend date was Thursday, September 24th. This represents a $1.33 dividend on an annualized basis and a yield of 1.3%.

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.