Grantvest Financial Group LLC Purchases Shares of 4,240 First Trust Capital Strength ETF (NASDAQ:FTCS)

Grantvest Financial Group LLC acquired a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 4,240 shares of the company’s stock, valued at approximately $372,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in First Trust Capital Strength ETF by 4.7% in 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 during the last quarter. Fisher Asset Management LLC purchased a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth $249,000. Blue Trust Inc. grew its stake in shares of 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 purchasing an additional 2,023 shares in the last quarter. Truvestments Capital LLC purchased a new position in First Trust Capital Strength ETF in the third quarter valued at $2,714,000. Finally, US Bancorp DE increased its holdings in First Trust Capital Strength ETF by 7.5% in the fourth quarter. US Bancorp DE now owns 10,880 shares of the company’s stock valued at $955,000 after buying an additional 761 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $87.95 on Monday. The business has a 50-day moving average of $89.60 and a two-hundred day moving average of $90.20. The company has a market capitalization of $8.66 billion, a price-to-earnings ratio of 23.46 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).