Intellus Advisors LLC Acquires New Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Intellus Advisors LLC bought a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the fourth quarter, Holdings Channel reports. The institutional investor bought 55,171 shares of the company’s stock, valued at approximately $4,845,000. First Trust Capital Strength ETF comprises about 0.8% of Intellus Advisors LLC’s portfolio, making the stock its 28th largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FTCS. Kestra Investment Management LLC bought a new stake in shares of First Trust Capital Strength ETF in the 4th quarter worth approximately $38,000. Knuff & Co LLC acquired a new stake in First Trust Capital Strength ETF in the fourth quarter worth $88,000. Stephens Consulting LLC lifted its stake 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 valued at $94,000 after buying an additional 183 shares during the last quarter. Lee Danner & Bass Inc. acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at $99,000. Finally, Thompson Investment Management Inc. bought a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth about $116,000.

First Trust Capital Strength ETF Stock Down 0.5 %

FTCS stock opened at $87.95 on Friday. The stock has a market cap of $8.40 billion, a PE ratio of 23.46 and a beta of 0.85. The firm’s 50-day simple moving average is $89.60 and its 200 day simple moving average is $90.20. First Trust Capital Strength ETF has a fifty-two week low of $81.16 and a fifty-two week high of $94.23.

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).