Sequoia Financial Advisors LLC Has $1.21 Million Stock Position in First Trust Capital Strength ETF $FTCS

Sequoia Financial Advisors LLC increased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 191.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,928 shares of the company’s stock after acquiring an additional 8,490 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $1,211,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in shares of First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after buying an additional 246 shares during the last quarter. Davis Capital Management acquired a new stake in First Trust Capital Strength ETF during the third quarter worth about $28,000. Princeton Global Asset Management LLC bought a new position in First Trust Capital Strength ETF during the third quarter valued at about $29,000. Mather Group LLC. acquired a new position in First Trust Capital Strength ETF in the 3rd quarter valued at approximately $30,000. Finally, Smartleaf Asset Management LLC acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at approximately $40,000.

First Trust Capital Strength ETF Trading Up 0.0%

Shares of NASDAQ:FTCS opened at $96.11 on Friday. The firm has a market capitalization of $8.28 billion, a PE ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $96.48. The business’s 50 day moving average is $93.15 and its 200-day moving average is $92.62.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.2607 per share. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, December 12th.

First Trust Capital Strength ETF Company 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.