Waterfront Wealth Inc. Increases Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Waterfront Wealth Inc. raised its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,045 shares of the company’s stock after purchasing an additional 247 shares during the quarter. First Trust Capital Strength ETF accounts for 0.9% of Waterfront Wealth Inc.’s portfolio, making the stock its 23rd largest position. Waterfront Wealth Inc.’s holdings in First Trust Capital Strength ETF were worth $3,605,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of First Trust Capital Strength ETF by 4.7% in the 4th quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock valued at $818,000 after buying an additional 419 shares during the period. Fisher Asset Management LLC acquired a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $249,000. Sequoia Financial Advisors LLC acquired a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $401,000. Truvestments Capital LLC acquired a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $2,714,000. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 18.8% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 348,993 shares of the company’s stock valued at $31,689,000 after buying an additional 55,142 shares during the period.

First Trust Capital Strength ETF Trading Down 0.3 %

NASDAQ FTCS opened at $89.93 on Friday. The stock has a market capitalization of $8.85 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23. The stock has a 50-day moving average of $89.04 and a 200 day moving average of $89.97.

First Trust Capital Strength ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.4043 per share. The ex-dividend date was Friday, December 13th.

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).