First Trust Capital Strength ETF (NASDAQ:FTCS) Stake Boosted by Archer Investment Corp

Archer Investment Corp boosted its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 314,716 shares of the company’s stock after buying an additional 10,908 shares during the period. First Trust Capital Strength ETF accounts for approximately 7.4% of Archer Investment Corp’s portfolio, making the stock its largest position. Archer Investment Corp owned 0.32% of First Trust Capital Strength ETF worth $27,638,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FTCS. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $29,000. ORG Partners LLC purchased a new position in First Trust Capital Strength ETF during the third quarter valued at $64,000. Stephens Consulting LLC raised its stake in First Trust Capital Strength ETF by 20.7% during the fourth 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 last quarter. Pinnacle Bancorp Inc. boosted its holdings in First Trust Capital Strength ETF by 39.1% in the third quarter. Pinnacle Bancorp Inc. now owns 1,188 shares of the company’s stock worth $108,000 after acquiring an additional 334 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF in the third quarter worth $123,000.

First Trust Capital Strength ETF Price Performance

FTCS opened at $90.17 on Friday. The firm has a market cap of $8.88 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 1 year low of $81.07 and a 1 year high of $94.23. The stock has a 50-day moving average price of $89.63 and a 200-day moving average price of $89.72.

First Trust Capital Strength ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued 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).