First Trust Capital Strength ETF $FTCS Shares Acquired by Forefront Wealth Partners LLC

Forefront Wealth Partners LLC increased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 42.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 58,966 shares of the company’s stock after acquiring an additional 17,438 shares during the period. First Trust Capital Strength ETF makes up approximately 3.5% of Forefront Wealth Partners LLC’s holdings, making the stock its 4th largest holding. Forefront Wealth Partners LLC owned about 0.06% of First Trust Capital Strength ETF worth $5,224,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. purchased a new stake in shares of First Trust Capital Strength ETF during the second quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its holdings in First Trust Capital Strength ETF by 492.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares in the last quarter. Abound Wealth Management purchased a new stake in First Trust Capital Strength ETF during the 2nd quarter worth $32,000. Flaharty Asset Management LLC purchased a new stake in First Trust Capital Strength ETF during the 1st quarter worth $37,000. Finally, Smartleaf Asset Management LLC purchased a new position in First Trust Capital Strength ETF in the 2nd quarter valued at about $40,000.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock opened at $93.15 on Friday. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $94.37. The company has a market capitalization of $8.34 billion, a PE ratio of 21.51 and a beta of 0.80. The business has a 50-day moving average of $92.23 and a 200-day moving average of $91.92.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a dividend of $0.2607 per share. The ex-dividend date is Friday, December 12th. This represents a $1.04 annualized dividend and a yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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).