Citizens Financial Group Inc. RI Acquires New Shares in First Trust Capital Strength ETF $FTCS

Citizens Financial Group Inc. RI purchased a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,638 shares of the company’s stock, valued at approximately $529,000.

Several other hedge funds and other institutional investors have also modified their holdings of FTCS. Investors Research Corp acquired a new stake in First Trust Capital Strength ETF in the 2nd quarter valued at approximately $16,354,000. Compass Financial Management LLC acquired a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter valued at approximately $897,000. Everest Financial Group LLC bought a new stake in shares of First Trust Capital Strength ETF in the first quarter worth $637,000. Parallel Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 3,375.7% in the 1st quarter. Parallel Advisors LLC now owns 10,427 shares of the company’s stock worth $967,000 after purchasing an additional 10,127 shares during the period. Finally, Capital Square LLC bought a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter valued at $762,000.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock opened at $102.27 on Friday. The stock has a fifty day moving average price of $98.11 and a 200-day moving average price of $96.26. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $103.58. The firm has a market cap of $7.93 billion, a PE ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.3332 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. The ex-dividend date was Thursday, September 24th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.3%.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.