Pollock Investment Advisors LLC Makes New $48.38 Million Investment in First Trust Capital Strength ETF (NASDAQ:FTCS)

Pollock Investment Advisors LLC bought a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 550,938 shares of the company’s stock, valued at approximately $48,383,000. First Trust Capital Strength ETF makes up approximately 39.3% of Pollock Investment Advisors LLC’s investment portfolio, making the stock its biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kestra Investment Management LLC purchased a new stake in First Trust Capital Strength ETF in the 4th quarter worth approximately $38,000. Knuff & Co LLC purchased a new stake in First Trust Capital Strength ETF in the 4th quarter worth approximately $88,000. Stephens Consulting LLC lifted its stake in First Trust Capital Strength ETF by 20.7% in the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after purchasing an additional 183 shares in the last quarter. Thompson Investment Management Inc. purchased a new stake in First Trust Capital Strength ETF in the 4th quarter worth approximately $116,000. Finally, EP Wealth Advisors LLC purchased a new stake in First Trust Capital Strength ETF in the 3rd quarter worth approximately $123,000.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $87.92 on Friday. The company’s 50 day simple moving average is $89.46 and its two-hundred day simple moving average is $90.27. The stock has a market capitalization of $8.66 billion, a PE ratio of 23.44 and a beta of 0.86. First Trust Capital Strength ETF has a 1 year low of $81.16 and a 1 year high of $94.23.

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).