RFG Advisory LLC Increases Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

RFG Advisory LLC boosted its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 8.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,095 shares of the company’s stock after purchasing an additional 1,852 shares during the period. RFG Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $1,941,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC grew its holdings in First Trust Capital Strength ETF by 7,852.6% in the fourth quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock worth $239,004,000 after purchasing an additional 2,948,510 shares during the period. Global Assets Advisory LLC boosted its holdings in First Trust Capital Strength ETF by 8,467.2% in the first quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock worth $125,278,000 after purchasing an additional 1,445,606 shares during the last quarter. Cetera Investment Advisers boosted its holdings in First Trust Capital Strength ETF by 195.0% in the first quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock worth $133,955,000 after purchasing an additional 1,033,794 shares during the last quarter. Scarborough Advisors LLC raised its position in First Trust Capital Strength ETF by 316.1% in the fourth quarter. Scarborough Advisors LLC now owns 786,475 shares of the company’s stock worth $62,949,000 after acquiring an additional 597,458 shares during the period. Finally, Silver Oak Securities Incorporated bought a new position in First Trust Capital Strength ETF in the fourth quarter worth approximately $33,659,000.

First Trust Capital Strength ETF Price Performance

Shares of FTCS stock traded down $0.41 on Monday, hitting $85.63. 320,240 shares of the stock traded hands, compared to its average volume of 338,917. The firm has a market cap of $8.62 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 52 week low of $71.11 and a 52 week high of $88.00. The firm has a 50 day simple moving average of $84.96 and a two-hundred day simple moving average of $83.86.

First Trust Capital Strength ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.2843 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.33%.

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).