Commonwealth Financial Services LLC Has $8.80 Million Stock Holdings in First Trust Capital Strength ETF $FTCS

Commonwealth Financial Services LLC boosted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 8.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 95,165 shares of the company’s stock after purchasing an additional 7,611 shares during the period. First Trust Capital Strength ETF accounts for approximately 1.5% of Commonwealth Financial Services LLC’s portfolio, making the stock its 22nd largest holding. Commonwealth Financial Services LLC’s holdings in First Trust Capital Strength ETF were worth $8,804,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. BOKF NA acquired a new stake in First Trust Capital Strength ETF during the third quarter worth about $28,000. EverSource Wealth Advisors LLC raised its position in First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares in the last quarter. Whittier Trust Co. acquired a new position in First Trust Capital Strength ETF during the fourth quarter valued at approximately $30,000. Root Financial Partners LLC acquired a new position in First Trust Capital Strength ETF during the third quarter valued at approximately $37,000. Finally, Smartleaf Asset Management LLC acquired a new position in First Trust Capital Strength ETF during the second quarter valued at approximately $40,000.

First Trust Capital Strength ETF Price Performance

Shares of FTCS opened at $93.70 on Friday. First Trust Capital Strength ETF has a one year low of $88.70 and a one year high of $99.74. The company has a market cap of $7.85 billion, a P/E ratio of 21.51 and a beta of 0.73. The firm has a 50 day simple moving average of $93.29 and a two-hundred day simple moving average of $94.14.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.2873 dividend. This represents a $1.15 annualized dividend and a yield of 1.2%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, March 26th.

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.