Martin Worley Group Invests $760,000 in First Trust Capital Strength ETF (NASDAQ:FTCS)

Martin Worley Group purchased a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the fourth quarter, HoldingsChannel reports. The fund purchased 8,656 shares of the company’s stock, valued at approximately $760,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. FMR LLC increased its holdings in First Trust Capital Strength ETF by 19.4% during the 3rd quarter. FMR LLC now owns 21,619 shares of the company’s stock worth $1,963,000 after purchasing an additional 3,508 shares during the period. Townsquare Capital LLC raised its stake in First Trust Capital Strength ETF by 24.6% in the 3rd quarter. Townsquare Capital LLC now owns 3,955 shares of the company’s stock worth $359,000 after acquiring an additional 781 shares during the last quarter. Hilltop Holdings Inc. lifted its stake in First Trust Capital Strength ETF by 54.0% during the 3rd quarter. Hilltop Holdings Inc. now owns 5,205 shares of the company’s stock valued at $473,000 after acquiring an additional 1,825 shares during the period. Pinnacle Family Advisors LLC boosted its stake in shares of First Trust Capital Strength ETF by 52.0% in the third quarter. Pinnacle Family Advisors LLC now owns 27,366 shares of the company’s stock worth $2,485,000 after buying an additional 9,363 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC purchased a new position in First Trust Capital Strength ETF in the third quarter valued at $336,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $90.05 on Thursday. First Trust Capital Strength ETF has a one year low of $81.16 and a one year high of $94.23. The firm has a market cap of $8.57 billion, a PE ratio of 23.46 and a beta of 0.86. The firm has a fifty day moving average of $89.70 and a 200 day moving average of $90.19.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.2159 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.96%.

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).