Founders Financial Securities LLC Grows Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Founders Financial Securities LLC lifted its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 10.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,756 shares of the company’s stock after buying an additional 358 shares during the period. Founders Financial Securities LLC’s holdings in First Trust Capital Strength ETF were worth $322,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of First Trust Capital Strength ETF during the first quarter valued at $34,000. Hexagon Capital Partners LLC purchased a new position in First Trust Capital Strength ETF in the fourth quarter worth about $44,000. EdgeRock Capital LLC purchased a new position in First Trust Capital Strength ETF in the fourth quarter worth about $61,000. Anchor Investment Management LLC purchased a new position in First Trust Capital Strength ETF in the fourth quarter worth about $64,000. Finally, Tucker Asset Management LLC boosted its position in First Trust Capital Strength ETF by 43.6% in the third quarter. Tucker Asset Management LLC now owns 952 shares of the company’s stock worth $70,000 after purchasing an additional 289 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $84.04 on Monday. The stock has a market capitalization of $8.81 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The stock’s 50-day simple moving average is $83.64 and its two-hundred day simple moving average is $82.72. First Trust Capital Strength ETF has a 52-week low of $71.11 and a 52-week high of $86.11.

First Trust Capital Strength ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.2843 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.14 annualized dividend and a yield of 1.35%.

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).