Belpointe Asset Management LLC Purchases 317 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Belpointe Asset Management LLC raised its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,794 shares of the company’s stock after purchasing an additional 317 shares during the period. Belpointe Asset Management LLC’s holdings in First Trust Capital Strength ETF were worth $798,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Tcfg Wealth Management LLC grew its holdings in shares of First Trust Capital Strength ETF by 0.4% in the fourth quarter. Tcfg Wealth Management LLC now owns 32,202 shares of the company’s stock valued at $2,828,000 after acquiring an additional 115 shares in the last quarter. Moors & Cabot Inc. grew its stake in First Trust Capital Strength ETF by 2.7% in the 4th quarter. Moors & Cabot Inc. now owns 4,720 shares of the company’s stock valued at $414,000 after purchasing an additional 122 shares during the period. Tyler Stone Wealth Management increased its position in shares of First Trust Capital Strength ETF by 1.1% during the 4th quarter. Tyler Stone Wealth Management now owns 11,923 shares of the company’s stock valued at $1,047,000 after purchasing an additional 134 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 1.4% in the 4th quarter. Focus Financial Network Inc. now owns 10,853 shares of the company’s stock worth $953,000 after buying an additional 154 shares during the last quarter. Finally, Keybank National Association OH boosted its holdings in shares of First Trust Capital Strength ETF by 6.5% in the 4th quarter. Keybank National Association OH now owns 2,717 shares of the company’s stock worth $239,000 after buying an additional 166 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $87.14 on Wednesday. The company has a market capitalization of $8.29 billion, a PE ratio of 22.18 and a beta of 0.86. First Trust Capital Strength ETF has a 52-week low of $80.66 and a 52-week high of $94.23. The company has a 50-day simple moving average of $88.60 and a 200 day simple moving average of $89.79.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.2159 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.99%.

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).