First Trust Capital Strength ETF (NASDAQ:FTCS) is Madrona Financial Services LLC’s Largest Position

Madrona Financial Services LLC lifted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1,607.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 156,748 shares of the company’s stock after purchasing an additional 147,568 shares during the quarter. First Trust Capital Strength ETF comprises approximately 8.2% of Madrona Financial Services LLC’s holdings, making the stock its largest holding. Madrona Financial Services LLC’s holdings in First Trust Capital Strength ETF were worth $8,850,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Dynamic Advisor Solutions LLC purchased a new position in First Trust Capital Strength ETF in the 1st quarter worth approximately $1,958,000. Northwest Wealth Management LLC boosted its holdings in First Trust Capital Strength ETF by 72.9% in the 1st quarter. Northwest Wealth Management LLC now owns 22,818 shares of the company’s stock worth $1,233,000 after acquiring an additional 9,620 shares during the period. Ironwood Wealth Management LLC. purchased a new position in First Trust Capital Strength ETF in the 1st quarter worth approximately $83,000. Wedbush Securities Inc. boosted its holdings in First Trust Capital Strength ETF by 2.4% in the 1st quarter. Wedbush Securities Inc. now owns 43,146 shares of the company’s stock worth $2,331,000 after acquiring an additional 994 shares during the period. Finally, Winslow Evans & Crocker Inc. boosted its holdings in First Trust Capital Strength ETF by 11.4% in the 1st quarter. Winslow Evans & Crocker Inc. now owns 4,846 shares of the company’s stock worth $264,000 after acquiring an additional 496 shares during the period.

NASDAQ FTCS traded down $1.05 on Monday, reaching $55.35. The company had a trading volume of 83,969 shares, compared to its average volume of 305,614. First Trust Capital Strength ETF has a 1 year low of $45.02 and a 1 year high of $58.08. The firm’s 50-day moving average is $57.03.

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).

Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks

Want to see what other hedge funds are holding FTCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Capital Strength ETF (NASDAQ:FTCS).

Institutional Ownership by Quarter for First Trust Capital Strength ETF (NASDAQ:FTCS)

Receive News & Ratings for First Trust Capital Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Capital Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.