First Trust Capital Strength ETF (NASDAQ:FTCS) Sees Strong Trading Volume – Here’s What Happened

First Trust Capital Strength ETF (NASDAQ:FTCS) shares saw strong trading volume on Tuesday . 741,428 shares traded hands during mid-day trading, an increase of 45% from the previous session’s volume of 512,371 shares.The stock last traded at $91.80 and had previously closed at $91.87.

First Trust Capital Strength ETF Stock Performance

The stock’s 50-day moving average is $96.20 and its two-hundred day moving average is $94.02. The stock has a market cap of $7.85 billion, a PE ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.2873 per share. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, March 26th.

Institutional Investors Weigh In On First Trust Capital Strength ETF

A number of institutional investors have recently modified their holdings of the company. Caitlin John LLC lifted its stake in First Trust Capital Strength ETF by 288.0% during the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after acquiring an additional 246 shares in the last quarter. Davis Capital Management purchased a new stake in First Trust Capital Strength ETF during the third quarter worth about $28,000. Parallel Advisors LLC increased its stake in 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 during the period. Finally, BOKF NA purchased a new stake in First Trust Capital Strength ETF during the third quarter worth about $28,000.

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.