Jones Financial Companies Lllp Grows Holdings in First Trust Capital Strength ETF $FTCS

Jones Financial Companies Lllp boosted its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 19.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 665,115 shares of the company’s stock after buying an additional 110,480 shares during the period. Jones Financial Companies Lllp’s holdings in First Trust Capital Strength ETF were worth $61,760,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FTCS. EverSource Wealth Advisors LLC increased its stake in First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after acquiring an additional 246 shares during the last quarter. Davis Capital Management bought a new position in First Trust Capital Strength ETF during the third quarter valued at $28,000. Princeton Global Asset Management LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth $29,000. Mather Group LLC. purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth $30,000. Finally, Root Financial Partners LLC bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $37,000.

First Trust Capital Strength ETF Trading Up 0.9%

Shares of NASDAQ:FTCS opened at $97.59 on Tuesday. The company has a market cap of $8.36 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $97.69. The company has a 50-day moving average price of $93.94 and a 200 day moving average price of $92.91.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.2607 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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