First Trust Capital Strength ETF (NASDAQ:FTCS) is Cetera Investment Advisers’ 10th Largest Position

Cetera Investment Advisers grew its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 8.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,954,098 shares of the company’s stock after purchasing an additional 159,552 shares during the period. First Trust Capital Strength ETF comprises about 1.2% of Cetera Investment Advisers’ portfolio, making the stock its 10th largest position. Cetera Investment Advisers’ holdings in First Trust Capital Strength ETF were worth $142,532,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FTCS. Retirement Group LLC bought a new position in First Trust Capital Strength ETF during the first quarter valued at about $32,000. Tucker Asset Management LLC purchased a new stake in First Trust Capital Strength ETF during the first quarter worth about $40,000. WealthShield Partners LLC purchased a new stake in First Trust Capital Strength ETF during the first quarter worth about $49,000. Cullen Frost Bankers Inc. purchased a new stake in First Trust Capital Strength ETF during the first quarter worth about $89,000. Finally, Lansing Street Advisors purchased a new stake in First Trust Capital Strength ETF during the first quarter worth about $110,000.

First Trust Capital Strength ETF Stock Up 0.1 %

NASDAQ FTCS traded up $0.09 during trading hours on Friday, reaching $75.66. 225,924 shares of the company were exchanged, compared to its average volume of 392,373. First Trust Capital Strength ETF has a 1 year low of $66.01 and a 1 year high of $79.34. The business’s 50 day simple moving average is $75.79 and its 200-day simple moving average is $74.14. The stock has a market capitalization of $8.77 billion, a P/E ratio of 19.66 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, June 27th. This represents a $0.95 dividend on an annualized basis and a yield of 1.25%.

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).