World Equity Group Inc. Acquires Shares of 3,879 First Trust Capital Strength ETF (NASDAQ:FTCS)

World Equity Group Inc. acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 3,879 shares of the company’s stock, valued at approximately $341,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FTCS. Benjamin Edwards Inc. raised its position in First Trust Capital Strength ETF by 2,428.0% during the third quarter. Benjamin Edwards Inc. now owns 215,459 shares of the company’s stock valued at $19,566,000 after purchasing an additional 206,936 shares during the period. Heck Capital Advisors LLC purchased a new stake in First Trust Capital Strength ETF during the fourth quarter valued at approximately $18,046,000. Golden State Wealth Management LLC purchased a new stake in First Trust Capital Strength ETF during the fourth quarter valued at approximately $10,509,000. Plotkin Financial Advisors LLC purchased a new stake in First Trust Capital Strength ETF during the third quarter valued at approximately $6,569,000. Finally, Concurrent Investment Advisors LLC raised its position in First Trust Capital Strength ETF by 18.8% during the third quarter. Concurrent Investment Advisors LLC now owns 348,993 shares of the company’s stock valued at $31,689,000 after purchasing an additional 55,142 shares during the period.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $89.81 on Tuesday. The business’s 50 day moving average price is $89.03 and its 200-day moving average price is $90.11. First Trust Capital Strength ETF has a fifty-two week low of $81.16 and a fifty-two week high of $94.23. The company has a market cap of $8.84 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The firm also recently declared 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 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).