BNP Paribas Financial Markets Grows Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

BNP Paribas Financial Markets lifted its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 54,252.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 100,009 shares of the company’s stock after buying an additional 99,825 shares during the period. BNP Paribas Financial Markets’ holdings in First Trust Capital Strength ETF were worth $8,783,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. LPL Financial LLC increased its holdings in shares of First Trust Capital Strength ETF by 2.3% in the fourth quarter. LPL Financial LLC now owns 7,542,669 shares of the company’s stock worth $662,397,000 after buying an additional 169,120 shares during the period. Raymond James Financial Inc. bought a new stake in shares of First Trust Capital Strength ETF in the fourth quarter worth about $494,019,000. Wealthfront Advisers LLC bought a new stake in shares of First Trust Capital Strength ETF in the fourth quarter worth about $59,656,000. Pollock Investment Advisors LLC bought a new stake in shares of First Trust Capital Strength ETF in the fourth quarter worth about $48,383,000. Finally, Kestra Advisory Services LLC grew its stake in shares of First Trust Capital Strength ETF by 20.6% in the fourth quarter. Kestra Advisory Services LLC now owns 504,415 shares of the company’s stock worth $44,298,000 after purchasing an additional 86,093 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $88.94 on Monday. The stock has a market capitalization of $8.30 billion, a PE ratio of 22.61 and a beta of 0.86. First Trust Capital Strength ETF has a 1 year low of $80.66 and a 1 year high of $94.23. The business’s 50-day moving average is $87.72 and its 200 day moving average is $89.32.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.2159 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 0.97%.

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).