Secure Asset Management LLC Purchases 1,405 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Secure Asset Management LLC raised its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,960 shares of the company’s stock after acquiring an additional 1,405 shares during the quarter. First Trust Capital Strength ETF makes up approximately 0.7% of Secure Asset Management LLC’s holdings, making the stock its 27th largest position. Secure Asset Management LLC’s holdings in First Trust Capital Strength ETF were worth $4,264,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Global Retirement Partners LLC boosted its position in shares of First Trust Capital Strength ETF by 2.2% in the 3rd quarter. Global Retirement Partners LLC now owns 32,885 shares of the company’s stock worth $2,986,000 after purchasing an additional 714 shares in the last quarter. Summit Investment Advisory Services LLC bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth approximately $265,000. Kaydan Wealth Management Inc. boosted its position in shares of First Trust Capital Strength ETF by 1.8% in the 3rd quarter. Kaydan Wealth Management Inc. now owns 48,343 shares of the company’s stock worth $4,390,000 after purchasing an additional 846 shares in the last quarter. Lynch & Associates IN boosted its position in shares of First Trust Capital Strength ETF by 13.0% in the 3rd quarter. Lynch & Associates IN now owns 5,622 shares of the company’s stock worth $510,000 after purchasing an additional 648 shares in the last quarter. Finally, Iams Wealth Management LLC boosted its position in shares of First Trust Capital Strength ETF by 9.3% in the 3rd quarter. Iams Wealth Management LLC now owns 36,874 shares of the company’s stock worth $3,348,000 after purchasing an additional 3,152 shares in the last quarter.

First Trust Capital Strength ETF Trading Down 0.1 %

FTCS stock opened at $92.63 on Friday. The stock has a market capitalization of $9.18 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 12-month low of $71.11 and a 12-month high of $93.05. The stock’s 50 day simple moving average is $89.88 and its 200 day simple moving average is $86.09.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.2566 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 annualized dividend and a 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).