Lee Danner & Bass Inc. Takes Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Lee Danner & Bass Inc. acquired a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the fourth quarter, HoldingsChannel reports. The firm acquired 1,125 shares of the company’s stock, valued at approximately $99,000.

A number of other institutional investors have also modified their holdings of FTCS. Raymond James Financial Inc. acquired a new position in shares of First Trust Capital Strength ETF in the fourth quarter valued at approximately $494,019,000. Wealthfront Advisers LLC acquired a new position in shares of First Trust Capital Strength ETF in the fourth quarter valued at approximately $59,656,000. Pollock Investment Advisors LLC acquired a new position in shares of First Trust Capital Strength ETF in the fourth quarter valued at approximately $48,383,000. SRS Capital Advisors Inc. raised its position in shares of First Trust Capital Strength ETF by 1,793.2% in the fourth quarter. SRS Capital Advisors Inc. now owns 326,589 shares of the company’s stock valued at $28,681,000 after buying an additional 309,338 shares during the last quarter. Finally, Independent Advisor Alliance raised its position in shares of First Trust Capital Strength ETF by 5,063.8% in the fourth quarter. Independent Advisor Alliance now owns 250,288 shares of the company’s stock valued at $21,980,000 after buying an additional 245,441 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $87.95 on Friday. First Trust Capital Strength ETF has a 1 year low of $81.16 and a 1 year high of $94.23. The firm has a 50 day moving average price of $89.60 and a 200 day moving average price of $90.20. The company has a market cap of $8.40 billion, a price-to-earnings ratio of 23.46 and a beta of 0.85.

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).