Harbour Investments Inc. Increases Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Harbour Investments Inc. grew its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 622,696 shares of the company’s stock after purchasing an additional 18,569 shares during the quarter. First Trust Capital Strength ETF comprises approximately 1.7% of Harbour Investments Inc.’s portfolio, making the stock its 9th biggest holding. Harbour Investments Inc. owned 0.63% of First Trust Capital Strength ETF worth $56,541,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Davis Capital Management purchased a new position in First Trust Capital Strength ETF during the 2nd quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $29,000. Asset Dedication LLC purchased a new position in First Trust Capital Strength ETF during the second quarter valued at approximately $31,000. EverSource Wealth Advisors LLC bought a new stake in First Trust Capital Strength ETF during the 2nd quarter worth approximately $32,000. Finally, Headlands Technologies LLC purchased a new stake in First Trust Capital Strength ETF in the 1st quarter worth approximately $33,000.

First Trust Capital Strength ETF Price Performance

FTCS opened at $92.50 on Tuesday. The firm has a market capitalization of $9.13 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a one year low of $75.02 and a one year high of $93.12. The company has a fifty day moving average price of $90.68 and a 200-day moving average price of $87.09.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 1.11%. 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).