Kestra Advisory Services LLC Increases Stake in First Trust Capital Strength ETF $FTCS

Kestra Advisory Services LLC increased its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 400,906 shares of the company’s stock after buying an additional 16,831 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Capital Strength ETF were worth $37,188,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FTCS. Caitlin John LLC increased its position 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 worth $27,000 after purchasing an additional 216 shares during the last quarter. BOKF NA acquired a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at $28,000. EverSource Wealth Advisors LLC boosted its holdings in shares of 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 purchasing an additional 246 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of First Trust Capital Strength ETF by 140.0% during the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after buying an additional 175 shares during the period. 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 Stock Up 0.4%

Shares of FTCS stock traded up $0.41 on Friday, reaching $96.61. 456,597 shares of the stock were exchanged, compared to its average volume of 594,740. The stock has a market cap of $7.86 billion, a P/E ratio of 21.51 and a beta of 0.71. The firm has a 50 day moving average of $93.92 and a two-hundred day moving average of $94.73. First Trust Capital Strength ETF has a 1-year low of $89.39 and a 1-year high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.2636 dividend. This represents a $1.05 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.