First Trust Capital Strength ETF $FTCS Stock Position Lifted by IFG Advisory LLC

IFG Advisory LLC increased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 328,019 shares of the company’s stock after acquiring an additional 520 shares during the quarter. First Trust Capital Strength ETF comprises approximately 1.5% of IFG Advisory LLC’s holdings, making the stock its 8th biggest position. IFG Advisory LLC owned about 0.36% of First Trust Capital Strength ETF worth $29,814,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. purchased a new stake in shares of First Trust Capital Strength ETF in the second quarter worth $25,000. Abound Wealth Management bought a new position in First Trust Capital Strength ETF in the 2nd quarter worth $32,000. Flaharty Asset Management LLC purchased a new stake in First Trust Capital Strength ETF in the 1st quarter worth $37,000. BankPlus Trust Department raised its holdings in First Trust Capital Strength ETF by 145.1% during the first quarter. BankPlus Trust Department now owns 429 shares of the company’s stock valued at $38,000 after acquiring an additional 254 shares during the period. Finally, Hazlett Burt & Watson Inc. lifted its position in shares of First Trust Capital Strength ETF by 64.6% in the first quarter. Hazlett Burt & Watson Inc. now owns 489 shares of the company’s stock valued at $44,000 after acquiring an additional 192 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.1%

NASDAQ:FTCS opened at $91.57 on Friday. The stock has a 50-day moving average price of $92.97 and a 200 day moving average price of $91.28. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $94.37. The stock has a market capitalization of $8.20 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.2527 per share. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, September 25th.

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).