IFP Advisors Inc Grows Stake in First Trust Capital Strength ETF $FTCS

IFP Advisors Inc raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 17.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,243 shares of the company’s stock after buying an additional 5,854 shares during the quarter. IFP Advisors Inc’s holdings in First Trust Capital Strength ETF were worth $3,686,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FTCS. AQR Capital Management LLC raised its holdings in shares of First Trust Capital Strength ETF by 93.9% during the first quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock valued at $510,000 after acquiring an additional 2,755 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in 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 acquiring an additional 246 shares during the period. First Trust Advisors LP boosted its holdings in First Trust Capital Strength ETF by 43.3% in the second quarter. First Trust Advisors LP now owns 16,738 shares of the company’s stock valued at $1,521,000 after acquiring an additional 5,054 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in First Trust Capital Strength ETF by 491.7% in the second quarter. Qube Research & Technologies Ltd now owns 68,187 shares of the company’s stock valued at $6,198,000 after acquiring an additional 56,664 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in First Trust Capital Strength ETF in the second quarter valued at $511,000.

First Trust Capital Strength ETF Trading Down 0.2%

Shares of First Trust Capital Strength ETF stock opened at $96.79 on Friday. First Trust Capital Strength ETF has a 12-month low of $89.76 and a 12-month high of $102.93. The company has a market cap of $7.68 billion, a P/E ratio of 21.51 and a beta of 0.70. The company’s fifty day simple moving average is $99.04 and its two-hundred day simple moving average is $95.81.

First Trust Capital Strength ETF Cuts Dividend

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

About First Trust Capital Strength ETF

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.