Commonwealth Financial Services LLC Increases Position in First Trust Capital Strength ETF $FTCS

Commonwealth Financial Services LLC increased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 11.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 106,231 shares of the company’s stock after acquiring an additional 11,066 shares during the quarter. First Trust Capital Strength ETF makes up approximately 1.6% of Commonwealth Financial Services LLC’s holdings, making the stock its 20th biggest holding. Commonwealth Financial Services LLC owned approximately 0.13% of First Trust Capital Strength ETF worth $9,854,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Impact Partnership Wealth LLC lifted its stake in shares of First Trust Capital Strength ETF by 2.8% during the 4th quarter. Impact Partnership Wealth LLC now owns 3,734 shares of the company’s stock worth $345,000 after purchasing an additional 103 shares during the period. Park Avenue Securities LLC grew its position in shares of First Trust Capital Strength ETF by 0.6% in the fourth quarter. Park Avenue Securities LLC now owns 18,904 shares of the company’s stock valued at $1,749,000 after purchasing an additional 109 shares during the period. Advisory Services Network LLC grew its position in shares of First Trust Capital Strength ETF by 1.1% in the fourth quarter. Advisory Services Network LLC now owns 10,249 shares of the company’s stock valued at $948,000 after purchasing an additional 110 shares during the period. Blair William & Co. IL increased its stake in First Trust Capital Strength ETF by 1.8% in the fourth quarter. Blair William & Co. IL now owns 6,756 shares of the company’s stock valued at $625,000 after purchasing an additional 117 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in First Trust Capital Strength ETF by 14.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 939 shares of the company’s stock valued at $88,000 after purchasing an additional 118 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $96.94 on Monday. The business’s 50-day moving average price is $94.29 and its 200 day moving average price is $94.85. First Trust Capital Strength ETF has a twelve month low of $89.76 and a twelve month high of $99.74. The company has a market capitalization of $7.86 billion, a PE ratio of 21.51 and a beta of 0.71.

First Trust Capital Strength ETF Cuts Dividend

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

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.