HBW Advisory Services LLC Raises Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

HBW Advisory Services LLC boosted its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 303.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 9,583 shares of the company’s stock after buying an additional 7,210 shares during the quarter. HBW Advisory Services LLC’s holdings in First Trust Capital Strength ETF were worth $842,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Fisher Asset Management LLC bought a new stake in First Trust Capital Strength ETF in the 3rd quarter worth approximately $249,000. GAMMA Investing LLC lifted its stake in First Trust Capital Strength ETF by 4.7% in the fourth quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock worth $818,000 after purchasing an additional 419 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in First Trust Capital Strength ETF during the third quarter valued at about $401,000. Truvestments Capital LLC bought a new position in shares of First Trust Capital Strength ETF during the third quarter valued at about $2,714,000. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 18.8% in the third quarter. Concurrent Investment Advisors LLC now owns 348,993 shares of the company’s stock worth $31,689,000 after buying an additional 55,142 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of FTCS stock opened at $86.39 on Friday. The business has a 50-day moving average of $90.53 and a 200 day moving average of $89.07. First Trust Capital Strength ETF has a 1-year low of $79.50 and a 1-year high of $94.23. The stock has a market capitalization of $8.43 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.4043 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Capital Strength ETF

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).