Iams Wealth Management LLC Acquires 454 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Iams Wealth Management LLC lifted its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,631 shares of the company’s stock after buying an additional 454 shares during the quarter. First Trust Capital Strength ETF comprises approximately 2.1% of Iams Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. Iams Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $3,409,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FTCS. International Assets Investment Management LLC grew its stake in First Trust Capital Strength ETF by 7,852.6% in the fourth quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock valued at $239,004,000 after acquiring an additional 2,948,510 shares during the period. Global Assets Advisory LLC raised its holdings in First Trust Capital Strength ETF by 8,467.2% during the 1st quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock worth $125,278,000 after buying an additional 1,445,606 shares during the period. Scarborough Advisors LLC lifted its stake in First Trust Capital Strength ETF by 316.1% in the fourth quarter. Scarborough Advisors LLC now owns 786,475 shares of the company’s stock valued at $62,949,000 after buying an additional 597,458 shares in the last quarter. Silver Oak Securities Incorporated acquired a new position in First Trust Capital Strength ETF in the 4th quarter worth $33,659,000. Finally, Stratos Wealth Partners LTD. bought a new position in First Trust Capital Strength ETF during the 4th quarter worth about $30,855,000.

First Trust Capital Strength ETF Price Performance

Shares of FTCS traded down $0.02 during midday trading on Tuesday, hitting $83.56. The stock had a trading volume of 94,575 shares, compared to its average volume of 329,295. The firm has a market cap of $8.76 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The company has a 50 day simple moving average of $83.67 and a two-hundred day simple moving average of $82.75. First Trust Capital Strength ETF has a twelve month low of $71.11 and a twelve month high of $86.11.

First Trust Capital Strength ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.2843 dividend. This represents a $1.14 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend was Thursday, June 27th.

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).