Claris Financial LLC Invests $5.38 Million in First Trust Capital Strength ETF $FTCS

Claris Financial LLC bought a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,164 shares of the company’s stock, valued at approximately $5,381,000. First Trust Capital Strength ETF comprises about 2.9% of Claris Financial LLC’s portfolio, making the stock its 8th biggest holding. Claris Financial LLC owned approximately 0.07% of First Trust Capital Strength ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. AQR Capital Management LLC increased its holdings in shares of First Trust Capital Strength ETF by 93.9% in the first quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock valued at $510,000 after purchasing an additional 2,755 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after buying an additional 246 shares during the period. First Trust Advisors LP boosted its position in shares of First Trust Capital Strength ETF by 43.3% during the 2nd quarter. First Trust Advisors LP now owns 16,738 shares of the company’s stock worth $1,521,000 after purchasing an additional 5,054 shares during the period. Qube Research & Technologies Ltd boosted its position in shares of First Trust Capital Strength ETF by 491.7% during the second quarter. Qube Research & Technologies Ltd now owns 68,187 shares of the company’s stock worth $6,198,000 after buying an additional 56,664 shares during the period. Finally, Diversify Advisory Services LLC purchased a new position in First Trust Capital Strength ETF during the 2nd quarter valued at about $511,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $92.96 on Friday. The company has a 50 day moving average price of $93.49 and a 200 day moving average price of $94.45. The stock has a market capitalization of $7.79 billion, a P/E ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a fifty-two week low of $88.70 and a fifty-two week high of $99.74.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.2873 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.