Synergy Investment Management LLC Buys New Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Synergy Investment Management LLC purchased a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,442 shares of the company’s stock, valued at approximately $566,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. boosted its stake in shares of First Trust Capital Strength ETF by 1,793.2% during the 4th quarter. SRS Capital Advisors Inc. now owns 326,589 shares of the company’s stock worth $28,681,000 after acquiring an additional 309,338 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in First Trust Capital Strength ETF by 2,428.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 215,459 shares of the company’s stock worth $19,566,000 after purchasing an additional 206,936 shares during the period. Heck Capital Advisors LLC purchased a new position in First Trust Capital Strength ETF during the fourth quarter worth approximately $18,046,000. Golden State Wealth Management LLC acquired a new stake in First Trust Capital Strength ETF in the fourth quarter valued at approximately $10,509,000. Finally, Jones Financial Companies Lllp increased its position in shares of First Trust Capital Strength ETF by 78.5% in the fourth quarter. Jones Financial Companies Lllp now owns 247,438 shares of the company’s stock valued at $21,730,000 after buying an additional 108,804 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $91.35 on Tuesday. The business’s 50 day moving average price is $89.22 and its 200-day moving average price is $90.23. First Trust Capital Strength ETF has a 1 year low of $81.16 and a 1 year high of $94.23. The firm has a market capitalization of $8.99 billion, a price-to-earnings ratio of 23.44 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.4043 per share. The ex-dividend date of this dividend was Friday, December 13th.

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).