Arbor Capital Management Inc. ADV Has $918,000 Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Arbor Capital Management Inc. ADV lifted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 16.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 10,144 shares of the company’s stock after purchasing an additional 1,448 shares during the quarter. Arbor Capital Management Inc. ADV’s holdings in First Trust Capital Strength ETF were worth $918,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC raised its holdings in First Trust Capital Strength ETF by 4.7% during the fourth quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock worth $818,000 after acquiring an additional 419 shares in the last quarter. Fisher Asset Management LLC bought a new stake in First Trust Capital Strength ETF during the third quarter worth about $249,000. Blue Trust Inc. raised its holdings in First Trust Capital Strength ETF by 2,593.6% during the fourth quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock worth $185,000 after acquiring an additional 2,023 shares in the last quarter. Truvestments Capital LLC bought a new stake in First Trust Capital Strength ETF during the third quarter worth about $2,714,000. Finally, US Bancorp DE raised its holdings in First Trust Capital Strength ETF by 7.5% during the fourth quarter. US Bancorp DE now owns 10,880 shares of the company’s stock worth $955,000 after acquiring an additional 761 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

FTCS opened at $87.92 on Monday. First Trust Capital Strength ETF has a 52-week low of $81.16 and a 52-week high of $94.23. The firm has a market capitalization of $8.66 billion, a PE ratio of 23.44 and a beta of 0.86. The business’s 50-day simple moving average is $89.46 and its 200 day simple moving average is $90.27.

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).