Capital Square LLC Makes New Investment in First Trust Capital Strength ETF $FTCS

Capital Square LLC bought a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,886 shares of the company’s stock, valued at approximately $762,000.

A number of other large investors have also added to or reduced their stakes in the business. Eastern Bank acquired a new stake in First Trust Capital Strength ETF during the second quarter worth approximately $27,000. Caitlin John LLC grew its position in shares of First Trust Capital Strength ETF by 288.0% in the fourth 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 last quarter. BOKF NA acquired a new position in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $28,000. EverSource Wealth Advisors LLC increased its stake in shares of First Trust Capital Strength ETF by 492.0% during 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. Finally, Parallel Advisors LLC increased its stake in shares of First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after purchasing an additional 175 shares during the period.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $101.52 on Monday. The stock has a 50 day simple moving average of $97.34 and a 200 day simple moving average of $95.61. The stock has a market cap of $8.06 billion, a P/E ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1-year low of $89.76 and a 1-year high of $102.93.

First Trust Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.2636 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.0%.

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