First Trust Capital Strength ETF (NASDAQ:FTCS) Hits New 12-Month High at $86.29

Shares of First Trust Capital Strength ETF (NASDAQ:FTCS) hit a new 52-week high during trading on Tuesday . The stock traded as high as $86.29 and last traded at $86.17, with a volume of 125626 shares. The stock had previously closed at $85.51.

First Trust Capital Strength ETF Stock Up 0.9 %

The stock has a market capitalization of $8.74 billion, a P/E ratio of 21.52 and a beta of 0.86. The firm has a 50-day moving average of $84.09 and a 200 day moving average of $83.08.

First Trust Capital Strength ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.2843 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.14 annualized dividend and a yield of 1.32%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Kingswood Wealth Advisors LLC raised its stake in First Trust Capital Strength ETF by 0.3% during the second quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock worth $3,603,000 after acquiring an additional 122 shares in the last quarter. First PREMIER Bank raised its stake in First Trust Capital Strength ETF by 0.7% during the first quarter. First PREMIER Bank now owns 16,989 shares of the company’s stock worth $1,455,000 after acquiring an additional 125 shares in the last quarter. Clarity Capital Partners LLC raised its stake in First Trust Capital Strength ETF by 4.3% during the first quarter. Clarity Capital Partners LLC now owns 3,121 shares of the company’s stock worth $267,000 after acquiring an additional 128 shares in the last quarter. Independent Wealth Network Inc. raised its stake in First Trust Capital Strength ETF by 1.9% during the fourth quarter. Independent Wealth Network Inc. now owns 7,082 shares of the company’s stock worth $567,000 after acquiring an additional 131 shares in the last quarter. Finally, BlueChip Wealth Advisors LLC raised its stake in First Trust Capital Strength ETF by 0.4% during the first quarter. BlueChip Wealth Advisors LLC now owns 35,306 shares of the company’s stock worth $3,024,000 after acquiring an additional 131 shares in the last quarter.

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).