Raymond James Trust N.A. Acquires 238 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Raymond James Trust N.A. boosted its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,788 shares of the company’s stock after purchasing an additional 238 shares during the period. Raymond James Trust N.A.’s holdings in First Trust Capital Strength ETF were worth $4,248,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Davis Capital Management purchased a new stake in First Trust Capital Strength ETF during the 2nd quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of First Trust Capital Strength ETF in the third quarter worth approximately $29,000. Asset Dedication LLC purchased a new position in shares of First Trust Capital Strength ETF in the second quarter worth $31,000. EverSource Wealth Advisors LLC purchased a new position in shares of First Trust Capital Strength ETF in the second quarter worth $32,000. Finally, ORG Partners LLC purchased a new stake in First Trust Capital Strength ETF during the 3rd quarter valued at $64,000.

First Trust Capital Strength ETF Trading Up 0.7 %

FTCS stock opened at $92.82 on Friday. The stock has a market capitalization of $9.16 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The firm’s 50-day moving average price is $91.00 and its two-hundred day moving average price is $87.55. First Trust Capital Strength ETF has a 12-month low of $76.60 and a 12-month high of $93.12.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 annualized dividend and a 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).