Independent Advisor Alliance Buys 245,441 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Independent Advisor Alliance increased its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5,063.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 250,288 shares of the company’s stock after purchasing an additional 245,441 shares during the period. Independent Advisor Alliance owned approximately 0.25% of First Trust Capital Strength ETF worth $21,980,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FTCS. Kestra Investment Management LLC bought a new position in First Trust Capital Strength ETF during the fourth quarter valued at approximately $38,000. Stephens Consulting LLC grew its position in First Trust Capital Strength ETF by 20.7% during the fourth quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock valued at $94,000 after acquiring an additional 183 shares during the last quarter. Thompson Investment Management Inc. bought a new position in First Trust Capital Strength ETF during the fourth quarter valued at approximately $116,000. EP Wealth Advisors LLC bought a new position in First Trust Capital Strength ETF during the third quarter valued at approximately $123,000. Finally, Blue Trust Inc. grew its position in First Trust Capital Strength ETF by 2,593.6% during the fourth quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock valued at $185,000 after acquiring an additional 2,023 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $90.91 on Monday. First Trust Capital Strength ETF has a one year low of $81.16 and a one year high of $94.23. The firm’s 50 day simple moving average is $89.41 and its two-hundred day simple moving average is $90.32. The stock has a market capitalization of $8.95 billion, a P/E ratio of 23.44 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.4043 dividend. The ex-dividend date of this dividend 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).