Diversify Wealth Management LLC Invests $880,000 in First Trust Capital Strength ETF $FTCS

Diversify Wealth Management LLC purchased a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,454 shares of the company’s stock, valued at approximately $880,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FTCS. Caitlin John LLC increased its position in First Trust Capital Strength ETF by 288.0% during the fourth quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares during the period. EverSource Wealth Advisors LLC increased 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 worth $27,000 after acquiring an additional 246 shares during the period. Parallel Advisors LLC increased its stake in First Trust Capital Strength ETF by 140.0% during the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares during the period. BOKF NA acquired a new position in First Trust Capital Strength ETF in the 3rd quarter valued at $28,000. Finally, Whittier Trust Co. acquired a new position in First Trust Capital Strength ETF in the 4th quarter valued at $30,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $97.96 on Friday. The company has a market cap of $7.94 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $99.74. The stock has a fifty day moving average price of $94.20 and a 200-day moving average price of $94.83.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.2636 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.