Kingswood Wealth Advisors LLC Has $25.41 Million Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Kingswood Wealth Advisors LLC lifted its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 200.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 283,288 shares of the company’s stock after acquiring an additional 188,868 shares during the period. First Trust Capital Strength ETF accounts for about 1.0% of Kingswood Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Kingswood Wealth Advisors LLC owned about 0.30% of First Trust Capital Strength ETF worth $25,407,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co purchased a new stake in shares of First Trust Capital Strength ETF in the 1st quarter worth approximately $29,000. Kestra Investment Management LLC purchased a new stake in First Trust Capital Strength ETF during the 4th quarter valued at $38,000. Hanson & Doremus Investment Management purchased a new stake in First Trust Capital Strength ETF during the 1st quarter valued at $56,000. Mpwm Advisory Solutions LLC purchased a new position in shares of First Trust Capital Strength ETF in the 4th quarter worth $72,000. Finally, Knuff & Co LLC purchased a new position in shares of First Trust Capital Strength ETF in the 4th quarter worth $88,000.

First Trust Capital Strength ETF Price Performance

FTCS stock opened at $89.30 on Wednesday. The company has a market cap of $8.34 billion, a P/E ratio of 22.61 and a beta of 0.86. First Trust Capital Strength ETF has a 1 year low of $80.66 and a 1 year high of $94.23. The stock’s fifty day moving average price is $89.23 and its 200-day moving average price is $89.18.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.2159 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.97%.

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).