Tyler Stone Wealth Management Purchases 5,943 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Tyler Stone Wealth Management boosted its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 101.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,789 shares of the company’s stock after acquiring an additional 5,943 shares during the quarter. Tyler Stone Wealth Management’s holdings in First Trust Capital Strength ETF were worth $1,070,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTCS. Davis Capital Management bought a new position in shares of First Trust Capital Strength ETF in the second quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $29,000. Asset Dedication LLC bought a new position in First Trust Capital Strength ETF in the 2nd quarter valued at about $31,000. EverSource Wealth Advisors LLC acquired a new position in First Trust Capital Strength ETF during the 2nd quarter valued at about $32,000. Finally, Headlands Technologies LLC bought a new stake in First Trust Capital Strength ETF during the 1st quarter worth approximately $33,000.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock traded up $0.88 on Friday, hitting $92.65. The company had a trading volume of 208,217 shares, compared to its average volume of 307,800. First Trust Capital Strength ETF has a 1 year low of $74.33 and a 1 year high of $93.05. The stock has a 50 day moving average of $90.64 and a 200-day moving average of $86.98. The stock has a market capitalization of $9.14 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 1.11%. The ex-dividend date was Thursday, September 26th.

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).