First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Purchased by Archer Investment Corp

Archer Investment Corp raised its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.2% in the fourth quarter, HoldingsChannel reports. The fund owned 289,306 shares of the company’s stock after purchasing an additional 446 shares during the quarter. First Trust Capital Strength ETF makes up approximately 7.5% of Archer Investment Corp’s holdings, making the stock its largest holding. Archer Investment Corp’s holdings in First Trust Capital Strength ETF were worth $23,156,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in shares of First Trust Capital Strength ETF by 7,852.6% during the fourth quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock valued at $239,004,000 after buying an additional 2,948,510 shares during the last quarter. Stratos Wealth Partners LTD. purchased a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at approximately $30,855,000. Mariner LLC boosted its position in shares of First Trust Capital Strength ETF by 928.3% during the fourth quarter. Mariner LLC now owns 396,901 shares of the company’s stock valued at $29,748,000 after buying an additional 358,303 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of First Trust Capital Strength ETF by 217.5% during the first quarter. JPMorgan Chase & Co. now owns 386,944 shares of the company’s stock valued at $28,223,000 after buying an additional 265,070 shares during the last quarter. Finally, KPP Advisory Services LLC purchased a new position in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $15,466,000.

First Trust Capital Strength ETF Trading Down 0.1 %

Shares of NASDAQ:FTCS traded down $0.12 during mid-day trading on Wednesday, hitting $81.62. 295,225 shares of the company traded hands, compared to its average volume of 351,327. The stock has a market cap of $8.60 billion, a P/E ratio of 19.66 and a beta of 0.86. First Trust Capital Strength ETF has a 12-month low of $70.91 and a 12-month high of $85.89. The stock has a 50-day moving average price of $83.77 and a two-hundred day moving average price of $79.62.

First Trust Capital Strength ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.2247 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 annualized dividend and a dividend yield of 1.10%.

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).