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

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

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

First Trust Capital Strength ETF Trading Down 0.6 %

First Trust Capital Strength ETF stock opened at $90.97 on Friday. The company has a fifty day simple moving average of $90.85 and a 200 day simple moving average of $87.28. First Trust Capital Strength ETF has a 1-year low of $75.54 and a 1-year high of $93.12. The company has a market cap of $8.98 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend was Thursday, September 26th.

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).