IMG Wealth Management Inc. Acquires Shares of 61,680 First Trust Capital Strength ETF (NASDAQ:FTCS)

IMG Wealth Management Inc. bought a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 61,680 shares of the company’s stock, valued at approximately $5,417,000. First Trust Capital Strength ETF makes up about 5.0% of IMG Wealth Management Inc.’s holdings, making the stock its 6th biggest holding.

Several other hedge funds have also modified their holdings of FTCS. Kraft Davis & Associates LLC grew its holdings in First Trust Capital Strength ETF by 2.7% during the 3rd quarter. Kraft Davis & Associates LLC now owns 4,423 shares of the company’s stock valued at $395,000 after purchasing an additional 115 shares in the last quarter. Tcfg Wealth Management LLC increased its position in shares of 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. increased its position in shares of First Trust Capital Strength ETF by 2.7% during the fourth quarter. Moors & Cabot Inc. now owns 4,720 shares of the company’s stock worth $414,000 after acquiring an additional 122 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in First Trust Capital Strength ETF by 1.4% in the fourth quarter. Focus Financial Network Inc. now owns 10,853 shares of the company’s stock valued at $953,000 after purchasing an additional 154 shares during the last quarter. Finally, Keybank National Association OH grew its stake in First Trust Capital Strength ETF by 6.5% during the 4th 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.

First Trust Capital Strength ETF Trading Up 1.0 %

FTCS stock opened at $87.92 on Friday. The firm has a 50 day simple moving average of $89.46 and a 200-day simple moving average of $90.27. The company has a market capitalization of $8.66 billion, a P/E ratio of 23.44 and a beta of 0.86. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month 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).