DeDora Capital Inc. Has $2.91 Million Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

DeDora Capital Inc. decreased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 58.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 36,358 shares of the company’s stock after selling 50,178 shares during the period. First Trust Capital Strength ETF accounts for about 1.0% of DeDora Capital Inc.’s investment portfolio, making the stock its 23rd biggest holding. DeDora Capital Inc.’s holdings in First Trust Capital Strength ETF were worth $2,910,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Integrated Wealth Concepts LLC increased its position in shares of First Trust Capital Strength ETF by 7.1% during the third quarter. Integrated Wealth Concepts LLC now owns 131,718 shares of the company’s stock valued at $9,698,000 after buying an additional 8,784 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $2,773,000. Triumph Capital Management boosted its stake in shares of First Trust Capital Strength ETF by 18.2% during the third quarter. Triumph Capital Management now owns 51,607 shares of the company’s stock valued at $3,800,000 after purchasing an additional 7,951 shares during the period. Coppell Advisory Solutions LLC boosted its stake in shares of First Trust Capital Strength ETF by 32.0% during the second quarter. Coppell Advisory Solutions LLC now owns 77,457 shares of the company’s stock valued at $5,756,000 after purchasing an additional 18,778 shares during the period. Finally, GSG Advisors LLC boosted its stake in shares of First Trust Capital Strength ETF by 11.9% during the fourth quarter. GSG Advisors LLC now owns 10,321 shares of the company’s stock valued at $823,000 after purchasing an additional 1,098 shares during the period.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock traded up $0.02 during midday trading on Thursday, reaching $85.65. 242,431 shares of the company’s stock traded hands, compared to its average volume of 356,251. The company has a market cap of $9.25 billion, a PE ratio of 19.66 and a beta of 0.86. The stock has a 50 day moving average of $83.12 and a 200-day moving average of $78.85. First Trust Capital Strength ETF has a 12 month low of $70.91 and a 12 month high of $85.89.

First Trust Capital Strength ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd will be issued a $0.2247 dividend. The ex-dividend date of this dividend is Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a yield of 1.05%.

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).