HBW Advisory Services LLC Invests $215,000 in First Trust Capital Strength ETF (NASDAQ:FTCS)

HBW Advisory Services LLC purchased a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,373 shares of the company’s stock, valued at approximately $215,000.

Several other hedge funds have also made changes to their positions in the company. Davis Capital Management acquired a new stake in First Trust Capital Strength ETF during the 2nd quarter valued at $25,000. EverSource Wealth Advisors LLC acquired a new position in First Trust Capital Strength ETF during the second quarter valued at $32,000. Asset Dedication LLC acquired a new position in First Trust Capital Strength ETF during the second quarter valued at $31,000. Headlands Technologies LLC purchased a new stake in First Trust Capital Strength ETF in the 1st quarter worth about $33,000. Finally, Mather Group LLC. purchased a new position in First Trust Capital Strength ETF during the 1st quarter valued at about $34,000.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $90.60 on Friday. The firm has a market capitalization of $9.00 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The company has a 50 day simple moving average of $88.92 and a 200-day simple moving average of $85.71. First Trust Capital Strength ETF has a 52-week low of $71.11 and a 52-week high of $91.17.

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 given a $0.2566 dividend. This represents a $1.03 annualized dividend and a yield of 1.13%. 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).