Independent Financial Group LLC Makes New Investment in First Trust Capital Strength ETF $FTCS

Independent Financial Group LLC acquired a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 46,621 shares of the company’s stock, valued at approximately $4,325,000. Independent Financial Group LLC owned about 0.06% of First Trust Capital Strength ETF at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Caitlin John LLC grew its stake in First Trust Capital Strength ETF by 288.0% in 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 last quarter. EverSource Wealth Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares in the last quarter. Parallel Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after purchasing an additional 175 shares in the last quarter. BOKF NA purchased a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $28,000. Finally, Whittier Trust Co. purchased a new stake in shares of First Trust Capital Strength ETF during the 4th quarter valued at $30,000.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $96.94 on Friday. First Trust Capital Strength ETF has a 1-year low of $89.76 and a 1-year high of $99.74. The business has a fifty day moving average price of $94.29 and a 200-day moving average price of $94.84. The stock has a market capitalization of $7.86 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71.

First Trust Capital Strength ETF Cuts Dividend

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

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.