Savvy Advisors Inc. Acquires 793 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Savvy Advisors Inc. grew its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 6.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 12,764 shares of the company’s stock after purchasing an additional 793 shares during the period. Savvy Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $1,159,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in First Trust Capital Strength ETF in the 1st quarter valued at about $33,000. Russell Investments Group Ltd. purchased a new position in First Trust Capital Strength ETF in the first quarter worth $122,000. Kingsview Wealth Management LLC increased its position in shares of First Trust Capital Strength ETF by 6.1% during the 1st quarter. Kingsview Wealth Management LLC now owns 83,819 shares of the company’s stock valued at $7,179,000 after purchasing an additional 4,819 shares during the last quarter. HBK Sorce Advisory LLC raised its stake in shares of First Trust Capital Strength ETF by 13.6% during the 1st quarter. HBK Sorce Advisory LLC now owns 209,281 shares of the company’s stock worth $17,925,000 after purchasing an additional 25,019 shares during the period. Finally, Orion Portfolio Solutions LLC boosted its holdings in shares of First Trust Capital Strength ETF by 7.6% in the 1st quarter. Orion Portfolio Solutions LLC now owns 22,592 shares of the company’s stock worth $1,935,000 after buying an additional 1,604 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $92.69 on Tuesday. The company has a 50-day simple moving average of $90.68 and a 200 day simple moving average of $87.09. First Trust Capital Strength ETF has a 52-week low of $75.02 and a 52-week high of $93.12. The company has a market capitalization of $9.15 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.2566 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.11%.

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).