Gateway Wealth Partners LLC Raises Stock Position in First Trust Capital Strength ETF $FTCS

Gateway Wealth Partners LLC lifted its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 99.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 169,052 shares of the company’s stock after buying an additional 84,185 shares during the quarter. Gateway Wealth Partners LLC owned about 0.20% of First Trust Capital Strength ETF worth $15,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of FTCS. Caitlin John LLC grew its holdings in shares of First Trust Capital Strength ETF by 288.0% during the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares during the period. Parallel Advisors LLC boosted its position in shares of First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares in the last quarter. BOKF NA bought a new stake in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $28,000. Finally, Whittier Trust Co. purchased a new stake in First Trust Capital Strength ETF in the fourth quarter worth $30,000.

First Trust Capital Strength ETF Stock Performance

FTCS opened at $97.39 on Monday. The company has a market cap of $7.80 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. The stock has a fifty day simple moving average of $94.70 and a two-hundred day simple moving average of $94.98. First Trust Capital Strength ETF has a 12-month low of $89.76 and a 12-month high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.2636 per share. This represents a $1.05 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.