Fisher Asset Management LLC Makes New Investment in First Trust Capital Strength ETF (NASDAQ:FTCS)

Fisher Asset Management LLC purchased a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,744 shares of the company’s stock, valued at approximately $249,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Moisand Fitzgerald Tamayo LLC purchased a new stake in First Trust Capital Strength ETF in the third quarter valued at approximately $29,000. Asset Dedication LLC bought a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth $31,000. EverSource Wealth Advisors LLC purchased a new position in First Trust Capital Strength ETF in the second quarter worth $32,000. ORG Partners LLC bought a new position in First Trust Capital Strength ETF in the third quarter valued at $64,000. Finally, Hexagon Capital Partners LLC increased its stake in First Trust Capital Strength ETF by 60.0% in the second quarter. Hexagon Capital Partners LLC now owns 875 shares of the company’s stock valued at $74,000 after acquiring an additional 328 shares during the last quarter.

First Trust Capital Strength ETF Stock Up 0.3 %

Shares of FTCS stock opened at $94.03 on Monday. The firm has a market cap of $9.28 billion, a P/E ratio of 21.52 and a beta of 0.86. The business has a 50-day moving average price of $91.35 and a two-hundred day moving average price of $88.02. First Trust Capital Strength ETF has a 12-month low of $76.77 and a 12-month high of $94.23.

First Trust Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.2566 dividend. This represents a $1.03 annualized dividend and a yield of 1.09%. The ex-dividend date was Thursday, September 26th.

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).