Raymond James Financial Services Advisors Inc. Has $275.49 Million Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Raymond James Financial Services Advisors Inc. lessened its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,216,435 shares of the company’s stock after selling 201,240 shares during the period. Raymond James Financial Services Advisors Inc. owned about 3.05% of First Trust Capital Strength ETF worth $275,488,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co bought a new stake in First Trust Capital Strength ETF in the 3rd quarter valued at $26,000. Mather Group LLC. acquired a new position in shares of First Trust Capital Strength ETF in the 1st quarter worth approximately $34,000. Hexagon Capital Partners LLC bought a new stake in shares of First Trust Capital Strength ETF in the 4th quarter worth about $44,000. EdgeRock Capital LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 4th quarter worth about $61,000. Finally, Anchor Investment Management LLC bought a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $64,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS traded down $0.93 during mid-day trading on Tuesday, hitting $81.61. 308,081 shares of the stock were exchanged, compared to its average volume of 345,949. First Trust Capital Strength ETF has a twelve month low of $70.91 and a twelve month high of $85.89. The stock’s fifty day simple moving average is $83.76 and its two-hundred day simple moving average is $80.25. The company has a market cap of $8.56 billion, a P/E ratio of 21.13 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.2247 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a yield of 1.10%.

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).