First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Purchased by Archer Investment Corp

Archer Investment Corp raised its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 303,808 shares of the company’s stock after purchasing an additional 9,416 shares during the period. First Trust Capital Strength ETF accounts for 7.4% of Archer Investment Corp’s portfolio, making the stock its largest position. Archer Investment Corp owned about 0.31% of First Trust Capital Strength ETF worth $27,586,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in FTCS. Davis Capital Management acquired a new stake in shares of First Trust Capital Strength ETF in the second quarter worth $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in First Trust Capital Strength ETF during the 3rd quarter valued at $29,000. Asset Dedication LLC acquired a new stake in First Trust Capital Strength ETF during the 2nd quarter valued at $31,000. EverSource Wealth Advisors LLC acquired a new stake in First Trust Capital Strength ETF during the 2nd quarter valued at $32,000. Finally, Headlands Technologies LLC acquired a new stake in First Trust Capital Strength ETF during the 1st quarter valued at $33,000.

First Trust Capital Strength ETF Price Performance

FTCS traded down $0.16 during trading hours on Friday, reaching $91.33. 15,116 shares of the stock traded hands, compared to its average volume of 306,102. First Trust Capital Strength ETF has a fifty-two week low of $75.54 and a fifty-two week high of $93.12. The company has a market cap of $9.01 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The firm’s fifty day simple moving average is $90.76 and its two-hundred day simple moving average is $87.19.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed 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 of this dividend was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a yield of 1.12%.

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).