Parallel Advisors LLC Acquires 10,127 Shares of First Trust Capital Strength ETF $FTCS

Parallel Advisors LLC raised its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCSFree Report) by 3,375.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,427 shares of the company’s stock after purchasing an additional 10,127 shares during the quarter. Parallel Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $967,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Hershey Financial Advisers LLC bought a new position in shares of First Trust Capital Strength ETF during the 1st quarter worth approximately $1,160,000. Kesler Norman & Wride LLC grew its position in First Trust Capital Strength ETF by 9.4% in the first quarter. Kesler Norman & Wride LLC now owns 2,412 shares of the company’s stock valued at $224,000 after acquiring an additional 208 shares during the period. Advisortrust Partners LLC grew its position in First Trust Capital Strength ETF by 5.5% in the first quarter. Advisortrust Partners LLC now owns 5,054 shares of the company’s stock valued at $469,000 after acquiring an additional 262 shares during the period. Assetmark Inc. raised its stake in First Trust Capital Strength ETF by 5.9% during the first quarter. Assetmark Inc. now owns 81,432 shares of the company’s stock worth $7,554,000 after acquiring an additional 4,516 shares in the last quarter. Finally, Main Street Group LTD acquired a new position in First Trust Capital Strength ETF during the first quarter worth $46,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $96.13 on Friday. First Trust Capital Strength ETF has a 52 week low of $89.76 and a 52 week high of $99.74. The company’s fifty day moving average is $94.60 and its 200-day moving average is $94.95. The company has a market capitalization of $9.09 billion, a PE ratio of 21.51 and a beta of 0.71.

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 issued a dividend of $0.2636 per share. This represents a $1.05 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Capital Strength ETF Company Profile

(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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