Lynch & Associates IN Boosts Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Lynch & Associates IN raised its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 8.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,105 shares of the company’s stock after acquiring an additional 483 shares during the period. Lynch & Associates IN’s holdings in First Trust Capital Strength ETF were worth $536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC purchased a new stake in shares of First Trust Capital Strength ETF during the third quarter worth approximately $249,000. GAMMA Investing LLC grew its holdings in First Trust Capital Strength ETF by 4.7% during the fourth quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock worth $818,000 after acquiring an additional 419 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth $401,000. Truvestments Capital LLC acquired a new stake in shares of First Trust Capital Strength ETF in the third quarter valued at about $2,714,000. Finally, Concurrent Investment Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 18.8% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 348,993 shares of the company’s stock valued at $31,689,000 after acquiring an additional 55,142 shares during the period.

First Trust Capital Strength ETF Stock Performance

FTCS stock traded down $1.18 during midday trading on Friday, hitting $86.39. 284,678 shares of the stock were exchanged, compared to its average volume of 312,530. First Trust Capital Strength ETF has a fifty-two week low of $79.50 and a fifty-two week high of $94.23. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The stock’s 50-day moving average price is $90.53 and its 200-day moving average price is $89.07.

First Trust Capital Strength ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.4043 per share. The ex-dividend date was Friday, December 13th.

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).