First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Purchased by Waterfront Wealth Inc.

Waterfront Wealth Inc. increased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,262 shares of the company’s stock after purchasing an additional 373 shares during the quarter. First Trust Capital Strength ETF accounts for 1.0% of Waterfront Wealth Inc.’s investment portfolio, making the stock its 25th biggest holding. Waterfront Wealth Inc.’s holdings in First Trust Capital Strength ETF were worth $3,223,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. CENTRAL TRUST Co purchased a new position in First Trust Capital Strength ETF during the third quarter worth $26,000. Wagner Wealth Management LLC increased its position in First Trust Capital Strength ETF by 467.5% during the first quarter. Wagner Wealth Management LLC now owns 857 shares of the company’s stock worth $63,000 after buying an additional 706 shares in the last quarter. Anchor Investment Management LLC purchased a new position in First Trust Capital Strength ETF during the fourth quarter worth $64,000. Tucker Asset Management LLC increased its position in First Trust Capital Strength ETF by 43.6% during the third quarter. Tucker Asset Management LLC now owns 952 shares of the company’s stock worth $70,000 after buying an additional 289 shares in the last quarter. Finally, SJS Investment Consulting Inc. purchased a new position in First Trust Capital Strength ETF during the third quarter worth $97,000.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock traded down $0.19 during mid-day trading on Wednesday, hitting $81.55. 339,035 shares of the company were exchanged, compared to its average volume of 352,173. The business’s 50 day simple moving average is $83.76 and its two-hundred day simple moving average is $79.69. The company has a market capitalization of $8.60 billion, a P/E ratio of 19.66 and a beta of 0.86. First Trust Capital Strength ETF has a 12-month low of $70.91 and a 12-month high of $85.89.

First Trust Capital Strength ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.2247 per share. This represents a $0.90 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend was Thursday, March 21st.

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).