Elios Financial Group Inc. Acquires New Shares in First Trust Capital Strength ETF (NASDAQ:FTCS)

Elios Financial Group Inc. bought a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 7,689 shares of the company’s stock, valued at approximately $698,000.

Several other institutional investors also recently modified their holdings of FTCS. Truvestments Capital LLC bought a new position in First Trust Capital Strength ETF during the 3rd quarter worth approximately $2,714,000. Fisher Asset Management LLC acquired a new stake in First Trust Capital Strength ETF in the third quarter worth $249,000. Kingsview Wealth Management LLC boosted its position in shares of First Trust Capital Strength ETF by 0.8% during the third quarter. Kingsview Wealth Management LLC now owns 84,504 shares of the company’s stock worth $7,673,000 after purchasing an additional 679 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in shares of First Trust Capital Strength ETF by 29.6% during the third quarter. Great Valley Advisor Group Inc. now owns 142,170 shares of the company’s stock worth $12,909,000 after purchasing an additional 32,455 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at $219,000.

First Trust Capital Strength ETF Trading Up 0.5 %

Shares of First Trust Capital Strength ETF stock opened at $93.26 on Tuesday. The stock’s fifty day simple moving average is $91.05 and its 200 day simple moving average is $87.68. The company has a market capitalization of $9.20 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 12 month low of $76.60 and a 12 month high of $93.48.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.2566 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 annualized dividend and a dividend yield of 1.10%.

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).