NI Acquisitions Company LLC Takes $8.49 Million Position in First Trust Capital Strength ETF $FTCS

NI Acquisitions Company LLC acquired a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 90,439 shares of the company’s stock, valued at approximately $8,494,000. First Trust Capital Strength ETF accounts for approximately 3.2% of NI Acquisitions Company LLC’s portfolio, making the stock its 11th largest holding.

A number of other institutional investors also recently bought and sold shares of the stock. Eastern Bank purchased a new position in First Trust Capital Strength ETF during the second quarter valued at $27,000. Caitlin John LLC grew its holdings in First Trust Capital Strength ETF by 288.0% during 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 period. EverSource Wealth Advisors LLC increased its position 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 buying an additional 246 shares in the last quarter. Parallel Advisors LLC increased its position in First Trust Capital Strength ETF by 140.0% in the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after buying an additional 175 shares in the last quarter. Finally, BOKF NA purchased a new stake in First Trust Capital Strength ETF in the third quarter worth about $28,000.

First Trust Capital Strength ETF Stock Down 1.0%

NASDAQ FTCS opened at $99.56 on Friday. First Trust Capital Strength ETF has a 52 week low of $89.76 and a 52 week high of $102.93. The company has a market capitalization of $7.90 billion, a P/E ratio of 21.51 and a beta of 0.70. The stock’s 50-day moving average price is $98.81 and its 200-day moving average price is $95.83.

First Trust Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.2636 dividend. This represents a $1.05 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.