Congress Wealth Management LLC DE Makes New $215,000 Investment in First Trust Capital Strength ETF (NASDAQ:FTCS)

Congress Wealth Management LLC DE purchased a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,445 shares of the company’s stock, valued at approximately $215,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Kestra Investment Management LLC purchased a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at about $38,000. Knuff & Co LLC purchased a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth approximately $88,000. Stephens Consulting LLC lifted its holdings in shares of First Trust Capital Strength ETF by 20.7% in the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after acquiring an additional 183 shares during the last quarter. Lee Danner & Bass Inc. purchased a new stake in shares of First Trust Capital Strength ETF in the 4th quarter valued at $99,000. Finally, Thompson Investment Management Inc. bought a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at $116,000.

First Trust Capital Strength ETF Stock Down 0.9 %

First Trust Capital Strength ETF stock opened at $88.61 on Monday. The firm has a fifty day simple moving average of $89.69 and a two-hundred day simple moving average of $90.19. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23. The company has a market capitalization of $8.72 billion, a PE ratio of 23.46 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.2159 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date is Thursday, March 27th.

First Trust Capital Strength ETF Company 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).