World Investment Advisors Purchases 5,830 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

World Investment Advisors increased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 10.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 62,243 shares of the company’s stock after acquiring an additional 5,830 shares during the quarter. World Investment Advisors’ holdings in First Trust Capital Strength ETF were worth $5,466,000 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. LPL Financial LLC grew its stake in shares of First Trust Capital Strength ETF by 2.3% during the 4th quarter. LPL Financial LLC now owns 7,542,669 shares of the company’s stock valued at $662,397,000 after purchasing an additional 169,120 shares during the period. Raymond James Financial Inc. purchased a new position in shares of First Trust Capital Strength ETF in the fourth quarter worth approximately $494,019,000. Wealthfront Advisers LLC bought a new stake in First Trust Capital Strength ETF during the fourth quarter valued at approximately $59,656,000. Pollock Investment Advisors LLC purchased a new stake in First Trust Capital Strength ETF during the fourth quarter valued at approximately $48,383,000. Finally, Kestra Advisory Services LLC raised its position in First Trust Capital Strength ETF by 20.6% in the fourth quarter. Kestra Advisory Services LLC now owns 504,415 shares of the company’s stock worth $44,298,000 after acquiring an additional 86,093 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock opened at $88.53 on Friday. First Trust Capital Strength ETF has a 1-year low of $81.16 and a 1-year high of $94.23. The company’s fifty day simple moving average is $89.67 and its 200-day simple moving average is $90.18. The stock has a market capitalization of $8.43 billion, a PE ratio of 23.46 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.2159 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.86 annualized dividend and a yield of 0.98%.

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).