Iams Wealth Management LLC Boosts Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Iams Wealth Management LLC lifted its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 36,874 shares of the company’s stock after acquiring an additional 3,152 shares during the quarter. First Trust Capital Strength ETF makes up about 1.6% of Iams Wealth Management LLC’s holdings, making the stock its 11th largest holding. Iams Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $3,348,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. lifted its stake in shares of First Trust Capital Strength ETF by 5.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock worth $286,344,000 after purchasing an additional 190,799 shares during the last quarter. Cetera Investment Advisers raised its holdings in First Trust Capital Strength ETF by 195.0% in the first quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock worth $133,955,000 after purchasing an additional 1,033,794 shares in the last quarter. Global Assets Advisory LLC lifted its position in shares of First Trust Capital Strength ETF by 8,467.2% during the first quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock valued at $125,278,000 after buying an additional 1,445,606 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 0.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,082,732 shares of the company’s stock valued at $90,993,000 after buying an additional 7,761 shares in the last quarter. Finally, Cetera Advisors LLC grew its position in shares of First Trust Capital Strength ETF by 51.0% in the 1st quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after buying an additional 291,774 shares during the last quarter.

First Trust Capital Strength ETF Stock Up 0.7 %

NASDAQ FTCS opened at $92.21 on Tuesday. First Trust Capital Strength ETF has a 52 week low of $71.11 and a 52 week high of $92.26. The company has a 50 day moving average price of $89.29 and a 200 day moving average price of $85.91. The firm has a market cap of $9.13 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared 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 1.11%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust Capital Strength ETF Company 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).