Investors Research Corp Buys Shares of 174,122 First Trust Capital Strength ETF $FTCS

Investors Research Corp purchased a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 174,122 shares of the company’s stock, valued at approximately $16,354,000. First Trust Capital Strength ETF comprises approximately 2.9% of Investors Research Corp’s investment portfolio, making the stock its 9th biggest position. Investors Research Corp owned about 0.21% of First Trust Capital Strength ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FTCS. Plus Group Wealth Advisors LLC purchased a new position in First Trust Capital Strength ETF during the 4th quarter worth $1,675,000. Merit Financial Group LLC acquired a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $10,376,000. Galvin Gaustad & Stein LLC purchased a new stake in First Trust Capital Strength ETF in the fourth quarter valued at about $973,000. UBS Group AG raised its stake in First Trust Capital Strength ETF by 0.8% in the fourth quarter. UBS Group AG now owns 1,420,141 shares of the company’s stock valued at $131,380,000 after buying an additional 11,966 shares during the last quarter. Finally, World Investment Advisors boosted its holdings in First Trust Capital Strength ETF by 17.5% in the fourth quarter. World Investment Advisors now owns 52,736 shares of the company’s stock worth $4,879,000 after acquiring an additional 7,853 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $100.61 on Wednesday. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $101.12. The firm has a market capitalization of $7.98 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. The stock’s 50-day simple moving average is $96.16 and its 200-day simple moving average is $95.36.

First Trust Capital Strength ETF Cuts Dividend

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

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.