Partners Wealth Management LLC Buys New Holdings in First Trust Capital Strength ETF $FTCS

Partners Wealth Management LLC bought a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 11,718 shares of the company’s stock, valued at approximately $1,100,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Eastern Bank bought a new stake in First Trust Capital Strength ETF in the 2nd quarter valued at $27,000. Mather Group LLC. bought a new position in First Trust Capital Strength ETF during the third quarter valued at approximately $30,000. Main Street Group LTD bought a new position in First Trust Capital Strength ETF during the first quarter valued at approximately $46,000. Signature Equity Partners LLC purchased a new position in First Trust Capital Strength ETF during the 1st quarter valued at approximately $46,000. Finally, CoreCap Advisors LLC grew its holdings in First Trust Capital Strength ETF by 34.8% during the 3rd quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock valued at $51,000 after buying an additional 141 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of FTCS opened at $102.27 on Friday. The stock has a market capitalization of $7.93 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $103.58. The business’s 50 day simple moving average is $98.11 and its 200-day simple moving average is $96.26.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a dividend of $0.3332 per share. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 dividend on an annualized basis and a yield of 1.3%.

First Trust Capital Strength ETF Company 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.