Parallel Advisors LLC Increases Stock Holdings in First Trust Capital Strength ETF $FTCS

Parallel Advisors LLC increased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3,375.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,427 shares of the company’s stock after acquiring an additional 10,127 shares during the quarter. Parallel Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $967,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Caitlin John LLC boosted its holdings in First Trust Capital Strength ETF by 288.0% in the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares during the period. BOKF NA purchased a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $28,000. EverSource Wealth Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares during the period. Whittier Trust Co. bought a new position in shares of First Trust Capital Strength ETF in the fourth quarter worth $30,000. Finally, Evelyn Partners Investment Management LLP purchased a new stake in shares of First Trust Capital Strength ETF in the fourth quarter worth $37,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $100.18 on Friday. First Trust Capital Strength ETF has a 52-week low of $89.76 and a 52-week high of $101.12. The stock has a fifty day moving average of $95.84 and a 200 day moving average of $95.29. The firm has a market capitalization of $7.95 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.2636 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, June 25th.

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.