Avestar Capital LLC Takes Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Avestar Capital LLC acquired a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,300 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. FMR LLC lifted its stake in shares of First Trust Capital Strength ETF by 19.4% in the 3rd quarter. FMR LLC now owns 21,619 shares of the company’s stock valued at $1,963,000 after purchasing an additional 3,508 shares during the last quarter. Elios Financial Group Inc. acquired a new position in First Trust Capital Strength ETF during the 3rd quarter worth $698,000. Truvestments Capital LLC acquired a new position in First Trust Capital Strength ETF during the 3rd quarter worth $2,714,000. Fisher Asset Management LLC acquired a new position in First Trust Capital Strength ETF during the 3rd quarter worth $249,000. Finally, Kingsview Wealth Management LLC lifted its position in First Trust Capital Strength ETF by 0.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 84,504 shares of the company’s stock worth $7,673,000 after acquiring an additional 679 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $93.74 on Friday. The firm has a market cap of $9.25 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $76.60 and a fifty-two week high of $94.23. The firm has a fifty day moving average price of $91.29 and a two-hundred day moving average price of $87.90.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.2566 per share. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend was Thursday, September 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).