Darwin Wealth Management LLC Purchases New Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Darwin Wealth Management LLC acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 26,999 shares of the company’s stock, valued at approximately $2,451,000.

Other hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its stake in First Trust Capital Strength ETF by 8,647.9% in the third quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock worth $283,718,000 after purchasing an additional 3,088,928 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Capital Strength ETF by 195.0% in the 1st quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock valued at $133,955,000 after acquiring an additional 1,033,794 shares during the last quarter. Cetera Advisors LLC raised its position in shares of First Trust Capital Strength ETF by 51.0% during the 1st quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock valued at $73,953,000 after acquiring an additional 291,774 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in First Trust Capital Strength ETF by 5.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock worth $286,344,000 after purchasing an additional 190,799 shares during the last quarter. Finally, Kowal Investment Group LLC boosted its holdings in First Trust Capital Strength ETF by 24.6% in the second quarter. Kowal Investment Group LLC now owns 610,585 shares of the company’s stock worth $51,314,000 after purchasing an additional 120,675 shares during the period.

First Trust Capital Strength ETF Price Performance

FTCS stock opened at $90.84 on Wednesday. The firm has a market cap of $8.97 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 1-year low of $75.83 and a 1-year high of $93.12. The firm has a fifty day moving average price of $90.88 and a two-hundred day moving average price of $87.43.

First Trust Capital Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.2566 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a yield of 1.13%.

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).