Kingsview Wealth Management LLC Buys 679 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Kingsview Wealth Management LLC increased its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 84,504 shares of the company’s stock after acquiring an additional 679 shares during the period. Kingsview Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $7,673,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Davis Capital Management bought a new position in First Trust Capital Strength ETF in the 2nd quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $29,000. EverSource Wealth Advisors LLC bought a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter valued at $32,000. Asset Dedication LLC bought a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter valued at $31,000. Finally, ORG Partners LLC bought a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $64,000.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock opened at $92.82 on Friday. The firm has a fifty day moving average of $91.05 and a two-hundred day moving average of $87.62. The stock has a market capitalization of $9.16 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 52 week low of $76.60 and a 52 week high of $93.12.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Thursday, September 26th.

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).