Concurrent Investment Advisors LLC Has $42.63 Million Stake in First Trust Capital Strength ETF $FTCS

Concurrent Investment Advisors LLC reduced its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCSFree Report) by 1.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 453,934 shares of the company’s stock after selling 6,616 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $42,633,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in FTCS. Eastern Bank purchased a new stake in First Trust Capital Strength ETF in the 2nd quarter worth approximately $27,000. Caitlin John LLC grew its holdings in shares of First Trust Capital Strength ETF by 288.0% during the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock valued at $27,000 after acquiring an additional 216 shares in the last quarter. BOKF NA acquired a new position in shares of First Trust Capital Strength ETF in the third quarter worth $28,000. EverSource Wealth Advisors LLC increased its stake in shares of First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after acquiring an additional 246 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.6%

FTCS opened at $100.59 on Friday. The stock has a market cap of $7.98 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $102.93. The stock has a fifty day moving average price of $98.70 and a 200 day moving average price of $95.80.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.2636 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.05 annualized dividend and a dividend yield of 1.0%.

About First Trust Capital Strength ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Capital Strength ETF (NASDAQ:FTCS)

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