Rossby Financial LCC Boosts Stake in First Trust Capital Strength ETF $FTCS

Rossby Financial LCC raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 58.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,628 shares of the company’s stock after purchasing an additional 599 shares during the quarter. Rossby Financial LCC’s holdings in First Trust Capital Strength ETF were worth $148,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in First Trust Capital Strength ETF by 1.6% in the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock valued at $687,036,000 after purchasing an additional 121,726 shares during the period. Goldman Sachs Group Inc. raised its position in First Trust Capital Strength ETF by 503.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after purchasing an additional 1,864,116 shares during the period. Cetera Investment Advisers purchased a new stake in First Trust Capital Strength ETF in the first quarter valued at $131,493,000. Truist Financial Corp raised its holdings in shares of First Trust Capital Strength ETF by 0.4% in the 2nd quarter. Truist Financial Corp now owns 571,494 shares of the company’s stock valued at $51,943,000 after buying an additional 2,171 shares during the period. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of First Trust Capital Strength ETF by 5.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 441,872 shares of the company’s stock valued at $40,162,000 after buying an additional 24,798 shares during the period.

First Trust Capital Strength ETF Trading Down 0.8%

FTCS stock opened at $92.82 on Wednesday. The company has a market capitalization of $8.32 billion, a PE ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $94.37. The business’s fifty day moving average price is $93.04 and its 200 day moving average price is $91.25.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.2527 dividend. The ex-dividend date was Thursday, September 25th. This represents a $1.01 annualized dividend and a dividend yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23.

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).