IFG Advisory LLC Has $29.84 Million Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

IFG Advisory LLC lessened its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.2% in the fourth quarter, HoldingsChannel reports. The fund owned 372,840 shares of the company’s stock after selling 8,574 shares during the period. First Trust Capital Strength ETF accounts for approximately 2.2% of IFG Advisory LLC’s investment portfolio, making the stock its 7th largest holding. IFG Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $29,842,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC bought a new stake in First Trust Capital Strength ETF during the fourth quarter worth $2,173,000. First PREMIER Bank boosted its position in First Trust Capital Strength ETF by 6.9% during the fourth quarter. First PREMIER Bank now owns 16,864 shares of the company’s stock valued at $1,350,000 after acquiring an additional 1,091 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its position in First Trust Capital Strength ETF by 465.6% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 41,004 shares of the company’s stock valued at $3,282,000 after acquiring an additional 33,754 shares during the last quarter. Kaydan Wealth Management Inc. boosted its position in First Trust Capital Strength ETF by 3.2% during the fourth quarter. Kaydan Wealth Management Inc. now owns 40,770 shares of the company’s stock valued at $3,263,000 after acquiring an additional 1,268 shares during the last quarter. Finally, MTM Investment Management LLC boosted its position in First Trust Capital Strength ETF by 13.0% during the fourth quarter. MTM Investment Management LLC now owns 9,004 shares of the company’s stock valued at $721,000 after acquiring an additional 1,035 shares during the last quarter.

First Trust Capital Strength ETF Trading Up 1.1 %

Shares of FTCS opened at $85.63 on Thursday. The stock has a market capitalization of $9.24 billion, a P/E ratio of 19.66 and a beta of 0.86. The firm’s fifty day simple moving average is $83.01 and its two-hundred day simple moving average is $78.80. First Trust Capital Strength ETF has a 12 month low of $70.91 and a 12 month high of $85.84.

First Trust Capital Strength ETF Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.2247 per share. The ex-dividend date is Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a yield of 1.05%.

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).