First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. boosted its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 13.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 9,841 shares of the company’s stock after buying an additional 1,140 shares during the quarter. Kovack Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $864,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FTCS. Siligmueller & Norvid Wealth Advisors LLC purchased a new position in shares of First Trust Capital Strength ETF during the 4th quarter worth approximately $6,473,000. Pine Valley Investments Ltd Liability Co increased its position in First Trust Capital Strength ETF by 1.2% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 36,942 shares of the company’s stock worth $3,244,000 after buying an additional 454 shares in the last quarter. Prasad Wealth Partners LLC purchased a new position in First Trust Capital Strength ETF during the fourth quarter worth $409,000. Holistic Financial Partners raised its holdings in shares of First Trust Capital Strength ETF by 3.5% in the fourth quarter. Holistic Financial Partners now owns 105,759 shares of the company’s stock worth $9,288,000 after acquiring an additional 3,594 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of First Trust Capital Strength ETF by 5.4% in the fourth quarter. IFP Advisors Inc now owns 66,538 shares of the company’s stock valued at $5,843,000 after acquiring an additional 3,396 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.1 %

First Trust Capital Strength ETF stock opened at $90.22 on Friday. The stock has a 50-day moving average price of $89.10 and a 200 day moving average price of $90.14. First Trust Capital Strength ETF has a 52 week low of $81.16 and a 52 week high of $94.23. The stock has a market cap of $8.88 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.4043 per share. 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).