Raleigh Capital Management Inc. Purchases 537 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Raleigh Capital Management Inc. increased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 244.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 757 shares of the company’s stock after acquiring an additional 537 shares during the quarter. Raleigh Capital Management Inc.’s holdings in First Trust Capital Strength ETF were worth $55,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in FTCS. Aspire Private Capital LLC bought a new stake in shares of First Trust Capital Strength ETF during the first quarter valued at approximately $10,065,720,000. Confluence Wealth Services Inc. increased its stake in First Trust Capital Strength ETF by 1.9% in the first quarter. Confluence Wealth Services Inc. now owns 8,255 shares of the company’s stock valued at $602,000 after acquiring an additional 152 shares during the period. SRS Capital Advisors Inc. increased its stake in First Trust Capital Strength ETF by 0.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 17,605 shares of the company’s stock valued at $1,319,000 after acquiring an additional 163 shares during the period. Transcend Capital Advisors LLC increased its stake in First Trust Capital Strength ETF by 4.4% in the first quarter. Transcend Capital Advisors LLC now owns 4,548 shares of the company’s stock valued at $332,000 after acquiring an additional 190 shares during the period. Finally, Creative Planning grew its position in First Trust Capital Strength ETF by 1.8% in the second quarter. Creative Planning now owns 12,822 shares of the company’s stock valued at $897,000 after acquiring an additional 231 shares during the period.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $76.54 on Friday. First Trust Capital Strength ETF has a 52-week low of $66.01 and a 52-week high of $79.34. The business has a fifty day moving average of $75.90 and a two-hundred day moving average of $74.21. The stock has a market cap of $8.87 billion, a PE ratio of 19.66 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Wednesday, June 28th were issued a dividend of $0.2368 per share. This represents a $0.95 annualized dividend and a yield of 1.24%. The ex-dividend date was Tuesday, June 27th.

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).