Spectrum Wealth Advisory Group LLC Has $628,000 Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Spectrum Wealth Advisory Group LLC decreased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 7,470 shares of the company’s stock after selling 202 shares during the period. First Trust Capital Strength ETF makes up about 0.7% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 17th biggest holding. Spectrum Wealth Advisory Group LLC’s holdings in First Trust Capital Strength ETF were worth $628,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wedbush Securities Inc. raised its stake in First Trust Capital Strength ETF by 17.4% during the second quarter. Wedbush Securities Inc. now owns 18,055 shares of the company’s stock worth $1,517,000 after acquiring an additional 2,680 shares in the last quarter. PFG Investments LLC grew its holdings in shares of First Trust Capital Strength ETF by 18.0% during the 2nd quarter. PFG Investments LLC now owns 11,293 shares of the company’s stock valued at $949,000 after purchasing an additional 1,726 shares during the last quarter. tru Independence LLC increased its position in First Trust Capital Strength ETF by 1.5% during the 2nd quarter. tru Independence LLC now owns 124,798 shares of the company’s stock worth $10,488,000 after purchasing an additional 1,848 shares in the last quarter. Lynch & Associates IN lifted its stake in First Trust Capital Strength ETF by 26.0% in the 2nd quarter. Lynch & Associates IN now owns 4,974 shares of the company’s stock valued at $418,000 after purchasing an additional 1,025 shares during the last quarter. Finally, Asset Dedication LLC acquired a new stake in First Trust Capital Strength ETF in the second quarter valued at approximately $31,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $89.60 on Wednesday. The firm’s fifty day moving average price is $86.89 and its two-hundred day moving average price is $84.90. The stock has a market cap of $9.02 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $71.11 and a fifty-two week high of $90.82.

First Trust Capital Strength ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a $0.2843 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.14 dividend on an annualized basis and a yield of 1.27%.

About First Trust Capital Strength ETF

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).