Barrett & Company Inc. Buys 981 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Barrett & Company Inc. raised its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,570 shares of the company’s stock after acquiring an additional 981 shares during the quarter. First Trust Capital Strength ETF comprises 1.8% of Barrett & Company Inc.’s holdings, making the stock its 15th largest position. Barrett & Company Inc.’s holdings in First Trust Capital Strength ETF were worth $4,229,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of FTCS. J.W. Cole Advisors Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 0.7% during the third quarter. J.W. Cole Advisors Inc. now owns 37,066 shares of the company’s stock worth $3,366,000 after buying an additional 254 shares in the last quarter. PFG Investments LLC raised its stake in First Trust Capital Strength ETF by 3.0% in the 3rd quarter. PFG Investments LLC now owns 11,629 shares of the company’s stock worth $1,056,000 after purchasing an additional 336 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in First Trust Capital Strength ETF by 14.6% in the 3rd quarter. Arkadios Wealth Advisors now owns 108,458 shares of the company’s stock valued at $9,848,000 after purchasing an additional 13,848 shares during the period. Allworth Financial LP grew its position in shares of First Trust Capital Strength ETF by 7.3% during the 3rd quarter. Allworth Financial LP now owns 8,724 shares of the company’s stock worth $792,000 after purchasing an additional 590 shares in the last quarter. Finally, Trueblood Wealth Management LLC increased its holdings in shares of First Trust Capital Strength ETF by 11.0% during the third quarter. Trueblood Wealth Management LLC now owns 22,626 shares of the company’s stock worth $2,054,000 after purchasing an additional 2,236 shares during the period.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock traded up $0.27 on Monday, reaching $90.47. 53,101 shares of the stock were exchanged, compared to its average volume of 309,891. The firm has a market cap of $8.93 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a one year low of $71.58 and a one year high of $93.05. The firm’s 50 day moving average is $90.44 and its 200-day moving average is $86.43.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend was Thursday, September 26th.

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).