Congress Wealth Management LLC DE Invests $215,000 in First Trust Capital Strength ETF (NASDAQ:FTCS)

Congress Wealth Management LLC DE purchased 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 and Exchange Commission (SEC). The fund purchased 2,445 shares of the company’s stock, valued at approximately $215,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Kestra Investment Management LLC bought a new stake in First Trust Capital Strength ETF during the 4th quarter valued at $38,000. Knuff & Co LLC purchased a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at $88,000. Stephens Consulting LLC raised its holdings in shares of First Trust Capital Strength ETF by 20.7% in the fourth quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock valued at $94,000 after acquiring an additional 183 shares in the last quarter. Lee Danner & Bass Inc. purchased a new stake in First Trust Capital Strength ETF in the fourth quarter worth about $99,000. Finally, Thompson Investment Management Inc. purchased a new stake in First Trust Capital Strength ETF in the fourth quarter worth about $116,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $88.61 on Monday. First Trust Capital Strength ETF has a one year low of $81.16 and a one year high of $94.23. The company has a market capitalization of $8.72 billion, a price-to-earnings ratio of 23.46 and a beta of 0.86. The company’s 50-day simple moving average is $89.69 and its two-hundred day simple moving average is $90.19.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a dividend of $0.2159 per share. This represents a $0.86 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Capital Strength ETF 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).