International Assets Investment Management LLC Raises Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

International Assets Investment Management LLC lifted its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 8,647.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,124,647 shares of the company’s stock after purchasing an additional 3,088,928 shares during the quarter. International Assets Investment Management LLC owned about 3.16% of First Trust Capital Strength ETF worth $283,718,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Davis Capital Management purchased a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in First Trust Capital Strength ETF in the third quarter worth $29,000. EverSource Wealth Advisors LLC bought a new position in First Trust Capital Strength ETF during the second quarter valued at $32,000. Asset Dedication LLC bought a new position in First Trust Capital Strength ETF during the second quarter valued at $31,000. Finally, Headlands Technologies LLC bought a new stake in shares of First Trust Capital Strength ETF in the 1st quarter worth about $33,000.

First Trust Capital Strength ETF Trading Down 0.7 %

Shares of NASDAQ FTCS opened at $90.67 on Friday. The stock has a market capitalization of $8.95 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 12-month low of $71.11 and a 12-month high of $93.05. The firm’s 50-day moving average price is $90.40 and its 200-day moving average price is $86.35.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.2566 dividend. This represents a $1.03 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Thursday, September 26th.

First Trust Capital Strength ETF 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).