Assetmark Inc. Purchases 5,901 Shares of First Trust Capital Strength ETF $FTCS

Assetmark Inc. boosted its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 8.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 73,821 shares of the company’s stock after purchasing an additional 5,901 shares during the quarter. Assetmark Inc.’s holdings in First Trust Capital Strength ETF were worth $6,913,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its stake 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 acquiring an additional 246 shares in the last quarter. Davis Capital Management purchased a new stake in shares of First Trust Capital Strength ETF in the third quarter valued at about $28,000. Princeton Global Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF during the third quarter valued at about $29,000. Mather Group LLC. bought a new position in shares of First Trust Capital Strength ETF during the third quarter valued at about $30,000. Finally, Root Financial Partners LLC purchased a new position in First Trust Capital Strength ETF during the third quarter worth about $37,000.

First Trust Capital Strength ETF Stock Up 0.4%

First Trust Capital Strength ETF stock opened at $97.71 on Tuesday. The stock has a market cap of $8.36 billion, a P/E ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $99.21. The company’s 50 day moving average price is $95.09 and its two-hundred day moving average price is $93.38.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.2607 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

First Trust Capital Strength ETF Company 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.