Greenleaf Trust Invests $209,000 in First Trust Capital Strength ETF (NASDAQ:FTCS)

Greenleaf Trust acquired a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 3rd quarter, HoldingsChannel reports. The fund acquired 2,306 shares of the company’s stock, valued at approximately $209,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FTCS. Cetera Investment Advisers increased its stake in shares of First Trust Capital Strength ETF by 195.0% in the first quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock worth $133,955,000 after purchasing an additional 1,033,794 shares in the last quarter. Cetera Advisors LLC boosted its holdings in First Trust Capital Strength ETF by 51.0% in the 1st quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after buying an additional 291,774 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in First Trust Capital Strength ETF by 5.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock valued at $286,344,000 after buying an additional 190,799 shares in the last quarter. Kowal Investment Group LLC raised its holdings in First Trust Capital Strength ETF by 24.6% during the 2nd quarter. Kowal Investment Group LLC now owns 610,585 shares of the company’s stock valued at $51,314,000 after acquiring an additional 120,675 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF during the second quarter worth $9,487,000.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $90.20 on Friday. The firm has a market capitalization of $8.91 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a one year low of $71.11 and a one year high of $93.05. The business has a fifty day moving average price of $90.44 and a 200-day moving average price of $86.41.

First Trust Capital Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.2566 per share. This represents a $1.03 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date was Thursday, September 26th.

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).