2,705 Shares in First Trust Capital Strength ETF (NASDAQ:FTCS) Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans acquired a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,705 shares of the company’s stock, valued at approximately $250,000.

A number of other hedge funds have also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at $38,000. Knuff & Co LLC bought a new stake in First Trust Capital Strength ETF during the 4th quarter worth about $88,000. Stephens Consulting LLC lifted its position in First Trust Capital Strength ETF by 20.7% during the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock valued at $94,000 after purchasing an additional 183 shares during the period. Thompson Investment Management Inc. bought a new position in shares of First Trust Capital Strength ETF in the 4th quarter valued at about $116,000. Finally, EP Wealth Advisors LLC bought a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $123,000.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $83.97 on Friday. The stock has a market cap of $7.99 billion, a price-to-earnings ratio of 23.46 and a beta of 0.86. The company has a 50 day moving average of $89.55 and a 200-day moving average of $90.13. First Trust Capital Strength ETF has a one year low of $81.16 and a one year high of $94.23.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.2159 per share. This represents a $0.86 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date was Thursday, March 27th.

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).