HUB Investment Partners LLC Buys New Shares in First Trust Capital Strength ETF $FTCS

HUB Investment Partners LLC bought a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,789 shares of the company’s stock, valued at approximately $1,947,000.

Several other hedge funds have also recently added to or reduced their stakes in FTCS. Aptus Capital Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 4.4% in the third quarter. Aptus Capital Advisors LLC now owns 48,884 shares of the company’s stock valued at $4,577,000 after buying an additional 2,074 shares in the last quarter. Smith Moore & CO. boosted its stake in shares of First Trust Capital Strength ETF by 2.6% during the 3rd quarter. Smith Moore & CO. now owns 15,034 shares of the company’s stock worth $1,408,000 after acquiring an additional 377 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of First Trust Capital Strength ETF by 2.1% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 17,896 shares of the company’s stock worth $1,676,000 after acquiring an additional 360 shares in the last quarter. IFG Advisory LLC grew its holdings in shares of First Trust Capital Strength ETF by 2.9% in the 3rd quarter. IFG Advisory LLC now owns 337,519 shares of the company’s stock worth $31,605,000 after acquiring an additional 9,500 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC acquired a new stake in shares of First Trust Capital Strength ETF during the third quarter worth $309,000.

First Trust Capital Strength ETF Stock Down 0.5%

Shares of NASDAQ FTCS opened at $97.10 on Friday. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $99.74. The company has a market cap of $8.31 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. The business has a fifty day simple moving average of $96.54 and a 200-day simple moving average of $93.97.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.2607 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th.

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.