First Trust Capital Strength ETF $FTCS is Randall & Associates Wealth Management’s Largest Position

Randall & Associates Wealth Management lifted its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 272,526 shares of the company’s stock after purchasing an additional 12,783 shares during the quarter. First Trust Capital Strength ETF comprises approximately 18.5% of Randall & Associates Wealth Management’s holdings, making the stock its largest position. Randall & Associates Wealth Management owned 0.30% of First Trust Capital Strength ETF worth $25,519,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. HBW Advisory Services LLC raised its stake in First Trust Capital Strength ETF by 2.0% during the second quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock valued at $544,000 after buying an additional 119 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in First Trust Capital Strength ETF by 1.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 10,418 shares of the company’s stock worth $947,000 after purchasing an additional 127 shares in the last quarter. Hazlett Burt & Watson Inc. grew its position in First Trust Capital Strength ETF by 26.4% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 618 shares of the company’s stock valued at $56,000 after purchasing an additional 129 shares during the last quarter. MGO One Seven LLC grew its position in First Trust Capital Strength ETF by 0.8% during the 2nd quarter. MGO One Seven LLC now owns 19,459 shares of the company’s stock valued at $1,769,000 after purchasing an additional 154 shares during the last quarter. Finally, Huntleigh Advisors Inc. increased its stake in First Trust Capital Strength ETF by 2.8% during the 2nd quarter. Huntleigh Advisors Inc. now owns 5,826 shares of the company’s stock valued at $530,000 after purchasing an additional 161 shares in the last quarter.

First Trust Capital Strength ETF Stock Up 0.4%

Shares of FTCS opened at $93.60 on Friday. The company has a market capitalization of $8.38 billion, a P/E ratio of 21.51 and a beta of 0.80. The firm has a 50 day moving average of $92.23 and a 200 day moving average of $92.06. First Trust Capital Strength ETF has a twelve month low of $80.65 and a twelve month high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be issued a $0.2607 dividend. This represents a $1.04 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, December 12th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.