IFP Advisors Inc Buys 5,854 Shares of First Trust Capital Strength ETF $FTCS

IFP Advisors Inc increased its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 17.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,243 shares of the company’s stock after acquiring an additional 5,854 shares during the period. IFP Advisors Inc’s holdings in First Trust Capital Strength ETF were worth $3,686,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FTCS. Waverly Advisors LLC increased its stake in First Trust Capital Strength ETF by 7.2% in the 2nd quarter. Waverly Advisors LLC now owns 15,610 shares of the company’s stock worth $1,466,000 after purchasing an additional 1,052 shares during the period. Corient Private Wealth LP bought a new stake in First Trust Capital Strength ETF in the second quarter valued at approximately $346,000. Tucker Asset Management LLC boosted its stake in shares of First Trust Capital Strength ETF by 84.1% during the second quarter. Tucker Asset Management LLC now owns 2,290 shares of the company’s stock valued at $215,000 after purchasing an additional 1,046 shares during the period. PCG Wealth Advisors LLC boosted its stake in shares of First Trust Capital Strength ETF by 0.3% during the second quarter. PCG Wealth Advisors LLC now owns 72,705 shares of the company’s stock valued at $6,828,000 after purchasing an additional 188 shares during the period. Finally, Asset Allocation Strategies LLC grew its holdings in shares of First Trust Capital Strength ETF by 62.2% in the second quarter. Asset Allocation Strategies LLC now owns 4,051 shares of the company’s stock worth $380,000 after purchasing an additional 1,553 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 0.2%

Shares of NASDAQ FTCS opened at $96.79 on Friday. First Trust Capital Strength ETF has a 52 week low of $89.76 and a 52 week high of $102.93. The firm’s fifty day moving average is $99.04 and its 200 day moving average is $95.81. The company has a market cap of $7.68 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.2636 dividend. The ex-dividend date 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 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.