Raymond James Financial Inc. Invests $494.02 Million in First Trust Capital Strength ETF (NASDAQ:FTCS)

Raymond James Financial Inc. acquired a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,625,364 shares of the company’s stock, valued at approximately $494,019,000. Raymond James Financial Inc. owned 5.71% of First Trust Capital Strength ETF at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Kestra Investment Management LLC purchased a new position in shares of First Trust Capital Strength ETF in the 4th quarter worth about $38,000. Stephens Consulting LLC raised its holdings in shares of First Trust Capital Strength ETF by 20.7% in the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after purchasing an additional 183 shares during the period. Thompson Investment Management Inc. purchased a new position in shares of First Trust Capital Strength ETF in the 4th quarter worth about $116,000. EP Wealth Advisors LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $123,000. Finally, Blue Trust Inc. grew its stake in shares of First Trust Capital Strength ETF by 2,593.6% in the fourth quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock valued at $185,000 after buying an additional 2,023 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

FTCS stock opened at $90.88 on Thursday. First Trust Capital Strength ETF has a 1 year low of $81.16 and a 1 year high of $94.23. The firm has a market cap of $8.95 billion, a P/E ratio of 23.44 and a beta of 0.86. The stock has a 50-day simple moving average of $89.30 and a 200-day simple moving average of $90.27.

First Trust Capital Strength ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.4043 dividend. The ex-dividend date of this dividend 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).