Kingsview Wealth Management LLC Has $7.67 Million Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Kingsview Wealth Management LLC raised its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 84,504 shares of the company’s stock after purchasing an additional 679 shares during the quarter. Kingsview Wealth Management LLC owned 0.09% of First Trust Capital Strength ETF worth $7,673,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Davis Capital Management bought a new position in shares of First Trust Capital Strength ETF in the second quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $29,000. Asset Dedication LLC bought a new position in shares of First Trust Capital Strength ETF in the second quarter valued at approximately $31,000. EverSource Wealth Advisors LLC bought a new position in shares of First Trust Capital Strength ETF in the second quarter valued at approximately $32,000. Finally, ORG Partners LLC bought a new position in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $64,000.

First Trust Capital Strength ETF Trading Up 0.7 %

NASDAQ:FTCS opened at $92.82 on Friday. First Trust Capital Strength ETF has a 1 year low of $76.60 and a 1 year high of $93.12. The firm has a 50 day moving average of $91.05 and a 200-day moving average of $87.62. The stock has a market capitalization of $9.16 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.2566 dividend. 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 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).