Morey & Quinn Wealth Partners LLC Takes Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Morey & Quinn Wealth Partners LLC bought a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 86,713 shares of the company’s stock, valued at approximately $7,615,000. First Trust Capital Strength ETF comprises 6.5% of Morey & Quinn Wealth Partners LLC’s holdings, making the stock its 2nd biggest position. Morey & Quinn Wealth Partners LLC owned 0.09% of First Trust Capital Strength ETF as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Tcfg Wealth Management LLC boosted its position in First Trust Capital Strength ETF by 0.4% during the fourth 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 last quarter. Moors & Cabot Inc. lifted its stake in First Trust Capital Strength ETF by 2.7% in the 4th quarter. Moors & Cabot Inc. now owns 4,720 shares of the company’s stock worth $414,000 after purchasing an additional 122 shares in the last quarter. Focus Financial Network Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 1.4% during the 4th quarter. Focus Financial Network Inc. now owns 10,853 shares of the company’s stock worth $953,000 after purchasing an additional 154 shares during the last quarter. Keybank National Association OH grew its position in shares of First Trust Capital Strength ETF by 6.5% in the fourth quarter. Keybank National Association OH now owns 2,717 shares of the company’s stock valued at $239,000 after purchasing an additional 166 shares in the last quarter. Finally, Stephens Consulting LLC increased its holdings in shares of 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 purchasing an additional 183 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $88.82 on Wednesday. The stock’s fifty day moving average is $89.67 and its two-hundred day moving average is $90.20. The firm has a market capitalization of $8.74 billion, a P/E ratio of 23.46 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $81.16 and a fifty-two week high of $94.23.

First Trust Capital Strength ETF Company 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).