First Trust Capital Strength ETF (NASDAQ:FTCS) Position Raised by SignalPoint Asset Management LLC

SignalPoint Asset Management LLC grew its stake in First Trust Capital Strength ETF (NASDAQ:FTCSGet Rating) by 77.3% during the 1st quarter, HoldingsChannel reports. The firm owned 72,489 shares of the company’s stock after buying an additional 31,612 shares during the quarter. First Trust Capital Strength ETF accounts for about 1.8% of SignalPoint Asset Management LLC’s investment portfolio, making the stock its 6th biggest holding. SignalPoint Asset Management LLC’s holdings in First Trust Capital Strength ETF were worth $5,669,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. LPL Financial LLC raised its stake in shares of First Trust Capital Strength ETF by 5.7% during the 4th quarter. LPL Financial LLC now owns 7,228,930 shares of the company’s stock worth $611,206,000 after buying an additional 390,111 shares during the period. PCG Wealth Advisors LLC acquired a new position in shares of First Trust Capital Strength ETF during the 4th quarter worth approximately $20,366,000. BKA Wealth Consulting Inc. acquired a new position in shares of First Trust Capital Strength ETF during the 1st quarter worth approximately $13,343,000. Raymond James & Associates raised its stake in shares of First Trust Capital Strength ETF by 5.4% during the 4th quarter. Raymond James & Associates now owns 3,315,397 shares of the company’s stock worth $280,318,000 after buying an additional 169,343 shares during the period. Finally, Elevated Capital Advisors LLC acquired a new position in shares of First Trust Capital Strength ETF during the 1st quarter worth approximately $11,522,000.

First Trust Capital Strength ETF Trading Down 0.1 %

Shares of FTCS stock traded down $0.07 during trading hours on Friday, hitting $73.69. 212,142 shares of the company’s stock were exchanged, compared to its average volume of 444,153. The firm has a 50 day moving average of $71.09 and a two-hundred day moving average of $74.36. First Trust Capital Strength ETF has a fifty-two week low of $66.86 and a fifty-two week high of $85.07.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Monday, June 27th were paid a $0.179 dividend. This represents a $0.72 annualized dividend and a yield of 0.97%. The ex-dividend date was Friday, June 24th.

About First Trust Capital Strength ETF

(Get Rating)

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).

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

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