World Investment Advisors Buys 7,853 Shares of First Trust Capital Strength ETF $FTCS

World Investment Advisors raised its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 17.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,736 shares of the company’s stock after purchasing an additional 7,853 shares during the period. World Investment Advisors owned approximately 0.06% of First Trust Capital Strength ETF worth $4,879,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. BOKF NA bought a new stake in First Trust Capital Strength ETF in the 3rd quarter valued at $28,000. EverSource Wealth Advisors LLC boosted its holdings 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 valued at $27,000 after purchasing an additional 246 shares during the period. Whittier Trust Co. bought a new stake in First Trust Capital Strength ETF in the 4th quarter valued at $30,000. Root Financial Partners LLC bought a new stake in First Trust Capital Strength ETF in the 3rd quarter valued at $37,000. Finally, Smartleaf Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF during the 2nd quarter worth about $40,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $92.65 on Friday. The company has a 50-day moving average of $93.66 and a 200-day moving average of $94.10. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 21.51 and a beta of 0.73. First Trust Capital Strength ETF has a 52 week low of $88.70 and a 52 week high of $99.74.

First Trust Capital Strength ETF Increases Dividend

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

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