Great Valley Advisor Group Inc. Increases Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Great Valley Advisor Group Inc. increased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 29.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 142,170 shares of the company’s stock after purchasing an additional 32,455 shares during the quarter. Great Valley Advisor Group Inc. owned 0.14% of First Trust Capital Strength ETF worth $12,909,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Davis Capital Management purchased a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC acquired a new position in First Trust Capital Strength ETF during the third quarter worth about $29,000. Asset Dedication LLC acquired a new position in First Trust Capital Strength ETF during the second quarter worth about $31,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF in the second quarter valued at about $32,000. Finally, ORG Partners LLC acquired a new stake in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $64,000.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $92.82 on Friday. First Trust Capital Strength ETF has a fifty-two week low of $76.60 and a fifty-two week high of $93.12. The stock has a fifty day moving average of $91.00 and a two-hundred day moving average of $87.55. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.2566 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.03 annualized dividend and a dividend yield of 1.11%.

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).