Fifth Third Bancorp Has $3.26 Million Stake in First Trust Capital Strength ETF $FTCS

Fifth Third Bancorp grew its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1,770.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 35,098 shares of the company’s stock after purchasing an additional 33,222 shares during the period. Fifth Third Bancorp’s holdings in First Trust Capital Strength ETF were worth $3,256,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Arbor Capital Management Inc. ADV boosted its position in shares of First Trust Capital Strength ETF by 2.5% during the first quarter. Arbor Capital Management Inc. ADV now owns 13,812 shares of the company’s stock valued at $1,295,000 after buying an additional 334 shares during the last quarter. Kestra Advisory Services LLC raised its position in First Trust Capital Strength ETF by 4.4% in the 1st quarter. Kestra Advisory Services LLC now owns 400,906 shares of the company’s stock valued at $37,188,000 after buying an additional 16,831 shares during the last quarter. KERR FINANCIAL PLANNING Corp lifted its stake in First Trust Capital Strength ETF by 5.8% during the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 4,418 shares of the company’s stock valued at $411,000 after acquiring an additional 244 shares in the last quarter. QRG Capital Management Inc. lifted its stake in First Trust Capital Strength ETF by 137.5% during the 1st quarter. QRG Capital Management Inc. now owns 5,562 shares of the company’s stock valued at $516,000 after acquiring an additional 3,220 shares in the last quarter. Finally, Integrity Wealth Partners LLC purchased a new position in First Trust Capital Strength ETF during the 1st quarter worth $787,000.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $96.94 on Monday. The company has a fifty day moving average price of $94.29 and a 200-day moving average price of $94.85. The firm has a market cap of $7.86 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.2636 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Capital Strength ETF Company Profile

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.