Financial Services Advisory Inc Takes $4.31 Million Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Financial Services Advisory Inc bought a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the third quarter, Holdings Channel.com reports. The fund bought 47,472 shares of the company’s stock, valued at approximately $4,310,000. First Trust Capital Strength ETF comprises about 1.0% of Financial Services Advisory Inc’s portfolio, making the stock its 22nd biggest holding.

A number of other large investors have also added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. increased its holdings in shares of First Trust Capital Strength ETF by 5.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock valued at $286,344,000 after purchasing an additional 190,799 shares during the last quarter. International Assets Investment Management LLC grew its stake in First Trust Capital Strength ETF by 8,647.9% in the 3rd quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock valued at $283,718,000 after buying an additional 3,088,928 shares during the last quarter. Cetera Investment Advisers raised its holdings in First Trust Capital Strength ETF by 195.0% in the 1st quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock valued at $133,955,000 after acquiring an additional 1,033,794 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in First Trust Capital Strength ETF by 0.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,082,732 shares of the company’s stock valued at $90,993,000 after acquiring an additional 7,761 shares during the period. Finally, Cetera Advisors LLC lifted its position in First Trust Capital Strength ETF by 51.0% during the first quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after acquiring an additional 291,774 shares during the last quarter.

First Trust Capital Strength ETF Trading Up 1.9 %

First Trust Capital Strength ETF stock opened at $91.83 on Thursday. The company has a market capitalization of $9.06 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 12 month low of $74.33 and a 12 month high of $93.05. The stock’s 50 day moving average is $90.57 and its 200-day moving average is $86.84.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a yield of 1.12%. 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).