Plus Group Wealth Advisors LLC Purchases Shares of 18,102 First Trust Capital Strength ETF $FTCS

Plus Group Wealth Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 18,102 shares of the company’s stock, valued at approximately $1,675,000. First Trust Capital Strength ETF comprises about 1.9% of Plus Group Wealth Advisors LLC’s holdings, making the stock its 14th biggest position.

Several other hedge funds have also modified their holdings of FTCS. EverSource Wealth Advisors LLC lifted its position in shares of 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 buying an additional 246 shares during the last quarter. BOKF NA purchased a new stake in shares of First Trust Capital Strength ETF during the third quarter valued at about $28,000. Whittier Trust Co. purchased a new stake in shares of First Trust Capital Strength ETF during the 4th quarter valued at $30,000. Root Financial Partners LLC purchased a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $37,000. Finally, Smartleaf Asset Management LLC purchased a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter valued at $40,000.

First Trust Capital Strength ETF Trading Down 0.2%

Shares of FTCS opened at $92.50 on Friday. First Trust Capital Strength ETF has a 12 month low of $88.70 and a 12 month high of $99.74. The stock has a fifty day moving average price of $93.54 and a 200-day moving average price of $94.09. The firm has a market cap of $7.75 billion, a PE ratio of 21.51 and a beta of 0.73.

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. The ex-dividend date was Thursday, March 26th. This represents a $1.15 annualized dividend and a dividend yield of 1.2%. This is a boost 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.