Commonwealth Financial Services LLC Has $6.78 Million Stock Position in First Trust Capital Strength ETF $FTCS

Commonwealth Financial Services LLC boosted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,603 shares of the company’s stock after purchasing an additional 6,215 shares during the period. First Trust Capital Strength ETF accounts for approximately 1.3% of Commonwealth Financial Services LLC’s portfolio, making the stock its 28th biggest position. Commonwealth Financial Services LLC owned about 0.08% of First Trust Capital Strength ETF worth $6,781,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FTCS. Goldman Sachs Group Inc. boosted its position in First Trust Capital Strength ETF by 503.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after purchasing an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of First Trust Capital Strength ETF in the first quarter worth about $131,493,000. Kingswood Wealth Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 200.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 283,288 shares of the company’s stock worth $25,407,000 after buying an additional 188,868 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of First Trust Capital Strength ETF by 74.0% in the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock worth $38,148,000 after buying an additional 183,074 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of First Trust Capital Strength ETF by 1.6% in the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock worth $687,036,000 after buying an additional 121,726 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $92.40 on Friday. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $94.37. The business has a 50-day moving average of $92.81 and a two-hundred day moving average of $90.66. The stock has a market capitalization of $8.33 billion, a P/E ratio of 21.51 and a beta of 0.86.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.2527 dividend. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, September 25th.

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).