Sovran Advisors LLC Purchases New Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Sovran Advisors LLC acquired a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,923 shares of the company’s stock, valued at approximately $1,919,000.

A number of other hedge funds have also made changes to their positions in the business. ORG Partners LLC acquired a new position in shares of First Trust Capital Strength ETF during the third quarter worth about $64,000. Stephens Consulting LLC raised its holdings in shares of First Trust Capital Strength ETF by 20.7% during the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock valued at $94,000 after buying an additional 183 shares during the period. Thompson Investment Management Inc. acquired a new position in First Trust Capital Strength ETF during the 4th quarter worth approximately $116,000. EP Wealth Advisors LLC purchased a new position in First Trust Capital Strength ETF in the 3rd quarter worth approximately $123,000. Finally, AMG National Trust Bank acquired a new stake in First Trust Capital Strength ETF in the third quarter valued at approximately $202,000.

First Trust Capital Strength ETF Trading Up 0.3 %

NASDAQ FTCS opened at $89.90 on Tuesday. The stock has a market cap of $8.85 billion, a P/E ratio of 21.52 and a beta of 0.86. The company’s fifty day simple moving average is $89.48 and its 200-day simple moving average is $89.81. First Trust Capital Strength ETF has a 52 week low of $81.07 and a 52 week high of $94.23.

First Trust Capital Strength ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.4043 dividend. 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).