Balboa Wealth Partners Buys Shares of 2,407 First Trust Capital Strength ETF (NASDAQ:FTCS)

Balboa Wealth Partners purchased a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,407 shares of the company’s stock, valued at approximately $219,000.

A number of other institutional investors have also made changes to their positions in FTCS. Kingswood Wealth Advisors LLC lifted its stake in First Trust Capital Strength ETF by 0.3% in the second quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock valued at $3,603,000 after buying an additional 122 shares during the period. SRS Capital Advisors Inc. raised its position in shares of First Trust Capital Strength ETF by 0.8% in the 2nd quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock valued at $1,437,000 after acquiring an additional 138 shares during the period. Herold Advisors Inc. boosted its stake in First Trust Capital Strength ETF by 1.6% during the 2nd quarter. Herold Advisors Inc. now owns 9,033 shares of the company’s stock worth $759,000 after acquiring an additional 139 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in First Trust Capital Strength ETF by 1.7% during the third quarter. Farther Finance Advisors LLC now owns 9,428 shares of the company’s stock valued at $856,000 after purchasing an additional 155 shares during the period. Finally, Cherry Creek Investment Advisors Inc. increased its stake in First Trust Capital Strength ETF by 0.8% in the third quarter. Cherry Creek Investment Advisors Inc. now owns 18,644 shares of the company’s stock valued at $1,693,000 after purchasing an additional 157 shares in the last quarter.

First Trust Capital Strength ETF Stock Down 0.6 %

Shares of NASDAQ FTCS opened at $90.97 on Friday. First Trust Capital Strength ETF has a twelve month low of $75.54 and a twelve month high of $93.12. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The company’s fifty day moving average is $90.85 and its 200-day moving average is $87.28.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.2566 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.03 annualized dividend and a yield of 1.13%.

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).