IHT Wealth Management LLC Increases Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

IHT Wealth Management LLC increased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 21.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 75,144 shares of the company’s stock after buying an additional 13,305 shares during the period. IHT Wealth Management LLC owned about 0.08% of First Trust Capital Strength ETF worth $6,823,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hilltop Holdings Inc. boosted its stake in shares of First Trust Capital Strength ETF by 54.0% during the 3rd quarter. Hilltop Holdings Inc. now owns 5,205 shares of the company’s stock worth $473,000 after acquiring an additional 1,825 shares in the last quarter. Garden State Investment Advisory Services LLC acquired a new position in First Trust Capital Strength ETF during the third quarter worth $214,000. Benjamin Edwards Inc. raised its holdings in First Trust Capital Strength ETF by 2,428.0% during the third quarter. Benjamin Edwards Inc. now owns 215,459 shares of the company’s stock worth $19,566,000 after purchasing an additional 206,936 shares during the last quarter. Atlas Wealth LLC boosted its position in First Trust Capital Strength ETF by 24.5% during the third quarter. Atlas Wealth LLC now owns 44,368 shares of the company’s stock worth $4,029,000 after purchasing an additional 8,725 shares in the last quarter. Finally, Plotkin Financial Advisors LLC purchased a new position in shares of First Trust Capital Strength ETF in the third quarter valued at $6,569,000.

First Trust Capital Strength ETF Trading Down 0.5 %

Shares of NASDAQ:FTCS traded down $0.43 during midday trading on Tuesday, hitting $93.14. 52,667 shares of the stock were exchanged, compared to its average volume of 303,217. First Trust Capital Strength ETF has a twelve month low of $77.57 and a twelve month high of $94.23. The company has a 50 day moving average price of $91.41 and a 200-day moving average price of $88.08. The stock has a market cap of $9.19 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

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