Garden State Investment Advisory Services LLC Increases Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Garden State Investment Advisory Services LLC lifted its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 552.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,409 shares of the company’s stock after purchasing an additional 13,048 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in First Trust Capital Strength ETF were worth $1,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of FTCS. Raymond James Financial Inc. bought a new position in shares of First Trust Capital Strength ETF in the fourth quarter worth approximately $494,019,000. Wealthfront Advisers LLC purchased a new position in First Trust Capital Strength ETF in the 4th quarter worth approximately $59,656,000. Pollock Investment Advisors LLC bought a new position in First Trust Capital Strength ETF in the 4th quarter valued at approximately $48,383,000. SRS Capital Advisors Inc. boosted its stake in First Trust Capital Strength ETF by 1,793.2% during the 4th quarter. SRS Capital Advisors Inc. now owns 326,589 shares of the company’s stock valued at $28,681,000 after purchasing an additional 309,338 shares during the last quarter. Finally, Independent Advisor Alliance raised its stake in shares of First Trust Capital Strength ETF by 5,063.8% in the fourth quarter. Independent Advisor Alliance now owns 250,288 shares of the company’s stock worth $21,980,000 after purchasing an additional 245,441 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $87.14 on Wednesday. First Trust Capital Strength ETF has a one year low of $80.66 and a one year high of $94.23. The business’s fifty day moving average is $88.60 and its 200 day moving average is $89.79. The stock 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 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid 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).