Diversified Enterprises LLC Reduces Stock Position in First Trust Capital Strength ETF $FTCS

Diversified Enterprises LLC lowered its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 30.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,214 shares of the company’s stock after selling 975 shares during the period. Diversified Enterprises LLC’s holdings in First Trust Capital Strength ETF were worth $201,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Essex Financial Services Inc. lifted its position in shares of First Trust Capital Strength ETF by 1.5% in the 2nd quarter. Essex Financial Services Inc. now owns 37,225 shares of the company’s stock worth $3,383,000 after purchasing an additional 547 shares during the period. TD Private Client Wealth LLC purchased a new position in shares of First Trust Capital Strength ETF during the second quarter valued at approximately $58,000. Traction Financial Partners LLC boosted its holdings in First Trust Capital Strength ETF by 75.3% in the second quarter. Traction Financial Partners LLC now owns 7,403 shares of the company’s stock worth $673,000 after purchasing an additional 3,179 shares during the last quarter. Lynch & Associates IN grew its position in First Trust Capital Strength ETF by 26.3% during the second quarter. Lynch & Associates IN now owns 9,637 shares of the company’s stock valued at $876,000 after buying an additional 2,004 shares during the period. Finally, tru Independence LLC raised its position in First Trust Capital Strength ETF by 2.3% in the second quarter. tru Independence LLC now owns 153,760 shares of the company’s stock worth $13,975,000 after acquiring an additional 3,407 shares during the period.

First Trust Capital Strength ETF Price Performance

FTCS opened at $92.86 on Friday. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $94.37. The company has a 50 day simple moving average of $92.42 and a two-hundred day simple moving average of $90.32. The firm has a market cap of $8.51 billion, a P/E ratio of 21.51 and a beta of 0.86.

First Trust Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th will be paid a $0.2527 dividend. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 25th.

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).