Crux Wealth Advisors Makes New Investment in First Trust Capital Strength ETF (NASDAQ:FTCS)

Crux Wealth Advisors bought a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,533 shares of the company’s stock, valued at approximately $574,000.

Several other institutional investors also recently modified their holdings of FTCS. Jaffetilchin Investment Partners LLC grew its position in shares of First Trust Capital Strength ETF by 0.9% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 26,062 shares of the company’s stock worth $2,289,000 after buying an additional 242 shares during the period. Solano Wealth Investment Advisors LLC bought a new position in First Trust Capital Strength ETF during the 4th quarter worth approximately $9,421,000. Kraft Davis & Associates LLC grew its holdings in First Trust Capital Strength ETF by 45.2% during the fourth quarter. Kraft Davis & Associates LLC now owns 6,423 shares of the company’s stock valued at $576,000 after purchasing an additional 2,000 shares during the period. Concentrum Wealth Management increased its stake in First Trust Capital Strength ETF by 6.1% in the fourth quarter. Concentrum Wealth Management now owns 93,865 shares of the company’s stock valued at $8,243,000 after purchasing an additional 5,389 shares in the last quarter. Finally, Wedbush Securities Inc. raised its holdings in First Trust Capital Strength ETF by 22.1% in the fourth quarter. Wedbush Securities Inc. now owns 24,746 shares of the company’s stock worth $2,173,000 after purchasing an additional 4,487 shares during the period.

First Trust Capital Strength ETF Stock Up 1.7 %

Shares of NASDAQ FTCS opened at $86.76 on Friday. First Trust Capital Strength ETF has a twelve month low of $80.66 and a twelve month high of $94.23. The company’s fifty day moving average is $88.72 and its 200-day moving average is $89.83. The stock has a market cap of $8.26 billion, a price-to-earnings ratio of 22.18 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.2159 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 1.00%.

About First Trust Capital Strength ETF

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).