Integrated Wealth Concepts LLC Has $11.08 Million Stake in First Trust Capital Strength ETF $FTCS

Integrated Wealth Concepts LLC raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 61.3% in the second quarter, HoldingsChannel.com reports. The firm owned 117,987 shares of the company’s stock after purchasing an additional 44,848 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in First Trust Capital Strength ETF were worth $11,081,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of FTCS. Plus Group Wealth Advisors LLC acquired a new stake in shares of First Trust Capital Strength ETF in the fourth quarter valued at approximately $1,675,000. Vestmark Advisory Solutions Inc. grew its position in First Trust Capital Strength ETF by 19.4% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 186,554 shares of the company’s stock worth $17,258,000 after buying an additional 30,287 shares in the last quarter. World Investment Advisors grew its position in First Trust Capital Strength ETF by 17.5% during the fourth quarter. World Investment Advisors now owns 52,736 shares of the company’s stock worth $4,879,000 after buying an additional 7,853 shares in the last quarter. Investors Research Corp bought a new position in First Trust Capital Strength ETF during the 2nd quarter worth $16,354,000. Finally, Envestnet Portfolio Solutions Inc. increased its stake in First Trust Capital Strength ETF by 80.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 37,874 shares of the company’s stock worth $3,504,000 after acquiring an additional 16,919 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $96.79 on Friday. The stock has a market capitalization of $7.68 billion, a PE ratio of 21.51 and a beta of 0.70. The business has a fifty day moving average price of $99.04 and a two-hundred day moving average price of $95.81. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $102.93.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors 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 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.