90,439 Shares in First Trust Capital Strength ETF $FTCS Acquired by NI Acquisitions Company LLC

NI Acquisitions Company LLC bought a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 90,439 shares of the company’s stock, valued at approximately $8,494,000. First Trust Capital Strength ETF comprises 3.2% of NI Acquisitions Company LLC’s holdings, making the stock its 11th largest holding. NI Acquisitions Company LLC owned about 0.11% of First Trust Capital Strength ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Two Sigma Investments LP boosted its stake in shares of First Trust Capital Strength ETF by 1,226.4% in the 3rd quarter. Two Sigma Investments LP now owns 286,500 shares of the company’s stock worth $26,828,000 after buying an additional 264,900 shares during the last quarter. Evelyn Partners Investment Management Europe Ltd bought a new position in First Trust Capital Strength ETF in the fourth quarter valued at about $16,633,000. Investors Research Corp bought a new position in First Trust Capital Strength ETF in the second quarter valued at about $16,354,000. Bank Hapoalim BM bought a new position in First Trust Capital Strength ETF in the fourth quarter valued at about $14,709,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in First Trust Capital Strength ETF by 39.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 462,385 shares of the company’s stock worth $42,775,000 after purchasing an additional 131,322 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 1.0%

First Trust Capital Strength ETF stock opened at $99.56 on Friday. The business has a 50-day simple moving average of $98.81 and a two-hundred day simple moving average of $95.83. The company has a market cap of $7.90 billion, a P/E ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 52-week low of $89.76 and a 52-week high of $102.93.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.2636 dividend. The ex-dividend date of this dividend 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 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.