Raymond James Financial Inc. Takes $494.02 Million Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Raymond James Financial Inc. acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the fourth quarter, HoldingsChannel reports. The fund acquired 5,625,364 shares of the company’s stock, valued at approximately $494,019,000. Raymond James Financial Inc. owned 0.06% of First Trust Capital Strength ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of FTCS. Kestra Investment Management LLC acquired a new stake in First Trust Capital Strength ETF during the 4th quarter valued at approximately $38,000. Stephens Consulting LLC grew its stake in First Trust Capital Strength ETF by 20.7% during the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock valued at $94,000 after purchasing an additional 183 shares in the last quarter. Thompson Investment Management Inc. acquired a new stake in First Trust Capital Strength ETF during the 4th quarter valued at approximately $116,000. EP Wealth Advisors LLC acquired a new stake in First Trust Capital Strength ETF during the 3rd quarter valued at approximately $123,000. Finally, Blue Trust Inc. grew its stake in First Trust Capital Strength ETF by 2,593.6% during the 4th quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock valued at $185,000 after purchasing an additional 2,023 shares in the last quarter.

First Trust Capital Strength ETF Stock Up 1.0 %

Shares of NASDAQ FTCS opened at $90.88 on Thursday. First Trust Capital Strength ETF has a fifty-two week low of $81.16 and a fifty-two week high of $94.23. The business has a 50 day moving average price of $89.30 and a two-hundred day moving average price of $90.27. The firm has a market cap of $8.95 billion, a PE ratio of 23.44 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.4043 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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).