Wealthfront Advisers LLC Takes Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Wealthfront Advisers LLC acquired a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 679,296 shares of the company’s stock, valued at approximately $59,656,000. Wealthfront Advisers LLC owned 0.69% of First Trust Capital Strength ETF at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Kraft Davis & Associates LLC increased its position in First Trust Capital Strength ETF by 2.7% in the 3rd quarter. Kraft Davis & Associates LLC now owns 4,423 shares of the company’s stock valued at $395,000 after acquiring an additional 115 shares in the last quarter. Tcfg Wealth Management LLC grew its holdings in First Trust Capital Strength ETF by 0.4% during the 4th quarter. Tcfg Wealth Management LLC now owns 32,202 shares of the company’s stock worth $2,828,000 after acquiring an additional 115 shares during the period. Focus Financial Network Inc. increased its holdings in First Trust Capital Strength ETF by 1.4% in the fourth quarter. Focus Financial Network Inc. now owns 10,853 shares of the company’s stock valued at $953,000 after purchasing an additional 154 shares during the last quarter. Keybank National Association OH increased its stake in shares of First Trust Capital Strength ETF by 6.5% in the 4th quarter. Keybank National Association OH now owns 2,717 shares of the company’s stock valued at $239,000 after acquiring an additional 166 shares during the last quarter. Finally, Stephens Consulting LLC raised its holdings in First Trust Capital Strength ETF by 20.7% in the fourth quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after purchasing an additional 183 shares during the period.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $90.31 on Tuesday. The firm has a market cap of $8.89 billion, a P/E ratio of 23.44 and a beta of 0.86. The stock’s 50-day moving average is $89.46 and its 200-day moving average is $90.33. First Trust Capital Strength ETF has a one year low of $81.16 and a one year high of $94.23.

First Trust Capital Strength ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given 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).