Concurrent Investment Advisors LLC Increases Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Concurrent Investment Advisors LLC lifted its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 6.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 369,836 shares of the company’s stock after purchasing an additional 20,843 shares during the quarter. First Trust Capital Strength ETF comprises 0.9% of Concurrent Investment Advisors LLC’s holdings, making the stock its 19th largest position. Concurrent Investment Advisors LLC owned approximately 0.38% of First Trust Capital Strength ETF worth $32,479,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC raised its position in First Trust Capital Strength ETF by 4.7% during the fourth quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock valued at $818,000 after acquiring an additional 419 shares in the last quarter. Fisher Asset Management LLC purchased a new position in First Trust Capital Strength ETF during the third quarter valued at approximately $249,000. Sequoia Financial Advisors LLC purchased a new position in First Trust Capital Strength ETF during the third quarter valued at approximately $401,000. Truvestments Capital LLC purchased a new position in First Trust Capital Strength ETF during the third quarter valued at approximately $2,714,000. Finally, Townsquare Capital LLC raised its position in First Trust Capital Strength ETF by 24.6% during the third quarter. Townsquare Capital LLC now owns 3,955 shares of the company’s stock valued at $359,000 after acquiring an additional 781 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.5 %

Shares of FTCS stock opened at $90.16 on Thursday. The stock has a 50 day moving average of $89.06 and a 200 day moving average of $89.97. The stock has a market cap of $8.88 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23.

First Trust Capital Strength ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.4043 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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).