Claris Financial LLC Invests $5.38 Million in First Trust Capital Strength ETF $FTCS

Claris Financial LLC purchased a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 58,164 shares of the company’s stock, valued at approximately $5,381,000. First Trust Capital Strength ETF comprises 2.9% of Claris Financial LLC’s portfolio, making the stock its 8th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Caitlin John LLC raised its stake in First Trust Capital Strength ETF by 288.0% during the fourth quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares during the period. EverSource Wealth Advisors LLC boosted its stake in First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after acquiring an additional 246 shares during the period. Parallel Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares during the last quarter. BOKF NA acquired a new position in shares of First Trust Capital Strength ETF during the third quarter valued at $28,000. Finally, Whittier Trust Co. acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at $30,000.

First Trust Capital Strength ETF Trading Down 0.4%

Shares of NASDAQ FTCS opened at $92.96 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 50 day simple moving average of $93.49 and a 200-day simple moving average of $94.45. The company has a market cap of $7.79 billion, a PE ratio of 21.51 and a beta of 0.71.

First Trust Capital Strength ETF Increases Dividend

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

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.