8,034 Shares in First Trust Capital Strength ETF $FTCS Acquired by MCF Advisors LLC

MCF Advisors LLC bought a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 8,034 shares of the company’s stock, valued at approximately $755,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Two Sigma Investments LP raised its position in shares of First Trust Capital Strength ETF by 1,226.4% in the third quarter. Two Sigma Investments LP now owns 286,500 shares of the company’s stock valued at $26,828,000 after purchasing an additional 264,900 shares during the period. Evelyn Partners Investment Management Europe Ltd bought a new stake in shares of First Trust Capital Strength ETF during the 4th quarter worth $16,633,000. Investors Research Corp acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at $16,354,000. Bank Hapoalim BM acquired a new position in First Trust Capital Strength ETF in the 4th quarter valued at $14,709,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in First Trust Capital Strength ETF by 39.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 462,385 shares of the company’s stock valued at $42,775,000 after buying an additional 131,322 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of FTCS opened at $96.79 on Friday. The company has a market capitalization of $7.68 billion, a PE ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a one year low of $89.76 and a one year high of $102.93. The company’s fifty day moving average price is $99.04 and its 200 day moving average price is $95.81.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.2636 dividend. This represents a $1.05 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.