Summit Investment Advisory Services LLC Acquires 198 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Summit Investment Advisory Services LLC lifted its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 6.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,112 shares of the company’s stock after purchasing an additional 198 shares during the quarter. Summit Investment Advisory Services LLC’s holdings in First Trust Capital Strength ETF were worth $273,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cyndeo Wealth Partners LLC grew its stake in First Trust Capital Strength ETF by 8.3% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 5,690 shares of the company’s stock worth $500,000 after buying an additional 436 shares in the last quarter. Southland Equity Partners LLC lifted its stake in First Trust Capital Strength ETF by 1.1% during the fourth quarter. Southland Equity Partners LLC now owns 86,060 shares of the company’s stock worth $7,558,000 after purchasing an additional 950 shares during the last quarter. RFG Advisory LLC boosted its holdings in shares of First Trust Capital Strength ETF by 5.8% in the 4th quarter. RFG Advisory LLC now owns 24,720 shares of the company’s stock valued at $2,171,000 after purchasing an additional 1,362 shares in the last quarter. Secure Asset Management LLC increased its stake in shares of First Trust Capital Strength ETF by 4.5% in the 4th quarter. Secure Asset Management LLC now owns 49,067 shares of the company’s stock valued at $4,309,000 after purchasing an additional 2,107 shares during the last quarter. Finally, Avior Wealth Management LLC raised its holdings in shares of First Trust Capital Strength ETF by 1.0% during the 4th quarter. Avior Wealth Management LLC now owns 50,748 shares of the company’s stock worth $4,457,000 after buying an additional 520 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS opened at $89.93 on Friday. First Trust Capital Strength ETF has a 52 week low of $80.59 and a 52 week high of $94.23. The stock has a market capitalization of $8.89 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The stock has a fifty day moving average of $89.95 and a 200-day moving average of $89.46.

First Trust Capital Strength ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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).