Kingswood Wealth Advisors LLC Buys 31,483 Shares of First Trust Capital Strength ETF $FTCS

Kingswood Wealth Advisors LLC grew its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 56.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 87,278 shares of the company’s stock after purchasing an additional 31,483 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $8,173,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust Capital Strength ETF during the second quarter worth $25,000. EverSource Wealth Advisors LLC lifted its holdings in First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after buying an additional 246 shares during the period. Davis Capital Management bought a new stake in First Trust Capital Strength ETF during the third quarter valued at $28,000. Princeton Global Asset Management LLC acquired a new stake in First Trust Capital Strength ETF during the 3rd quarter worth about $29,000. Finally, Mather Group LLC. bought a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $30,000.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $93.43 on Thursday. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $94.50. The business’s 50-day moving average is $92.25 and its 200-day moving average is $92.28. The company has a market capitalization of $8.14 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.2607 dividend. This represents a $1.04 annualized dividend and a yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, December 12th.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.