Oppenheimer & Co. Inc. Acquires 133,852 Shares of First Trust Capital Strength ETF $FTCS

Oppenheimer & Co. Inc. acquired a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 133,852 shares of the company’s stock, valued at approximately $12,562,000.

Several other hedge funds have also recently bought and sold shares of the business. Dynamic Advisor Solutions LLC increased its position in First Trust Capital Strength ETF by 0.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 24,796 shares of the company’s stock worth $2,329,000 after buying an additional 114 shares during the last quarter. CoreCap Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 34.8% in the third quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock worth $51,000 after buying an additional 141 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of First Trust Capital Strength ETF by 5.2% in the first quarter. Bessemer Group Inc. now owns 2,955 shares of the company’s stock worth $274,000 after buying an additional 145 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its position in shares of First Trust Capital Strength ETF by 0.8% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 19,909 shares of the company’s stock worth $1,847,000 after buying an additional 149 shares during the last quarter. Finally, Novem Group lifted its position in shares of First Trust Capital Strength ETF by 2.7% in the third quarter. Novem Group now owns 6,918 shares of the company’s stock worth $649,000 after buying an additional 183 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

FTCS opened at $100.32 on Wednesday. The company has a market cap of $7.78 billion, a PE ratio of 21.51 and a beta of 0.70. The stock has a 50-day moving average of $98.09 and a 200-day moving average of $96.16. First Trust Capital Strength ETF has a 52-week low of $89.76 and a 52-week high of $102.93.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.3332 dividend. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.