Parallel Advisors LLC Has $967,000 Stake in First Trust Capital Strength ETF $FTCS

Parallel Advisors LLC raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3,375.7% in the 1st quarter, HoldingsChannel reports. The firm owned 10,427 shares of the company’s stock after purchasing an additional 10,127 shares during the quarter. Parallel Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $967,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of First Trust Capital Strength ETF by 1.5% during the second quarter. Bank of America Corp DE now owns 1,714,227 shares of the company’s stock worth $155,806,000 after purchasing an additional 25,024 shares during the last quarter. UBS Group AG raised its holdings in shares of First Trust Capital Strength ETF by 0.8% in the fourth quarter. UBS Group AG now owns 1,420,141 shares of the company’s stock valued at $131,380,000 after buying an additional 11,966 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of First Trust Capital Strength ETF by 1.9% in the fourth quarter. Royal Bank of Canada now owns 1,181,806 shares of the company’s stock valued at $109,332,000 after buying an additional 22,147 shares during the last quarter. Ameriprise Financial Inc. lifted its position in First Trust Capital Strength ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 975,950 shares of the company’s stock worth $88,750,000 after buying an additional 22,849 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in First Trust Capital Strength ETF by 3.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 470,218 shares of the company’s stock worth $43,501,000 after buying an additional 14,814 shares in the last quarter.

First Trust Capital Strength ETF Stock Up 0.2%

Shares of NASDAQ:FTCS opened at $96.13 on Friday. First Trust Capital Strength ETF has a 12 month low of $89.76 and a 12 month high of $99.74. The company’s 50-day moving average price is $94.60 and its two-hundred day moving average price is $94.95. The firm has a market cap of $9.09 billion, a P/E ratio of 21.51 and a beta of 0.71.

First Trust Capital Strength ETF Cuts Dividend

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

First Trust Capital Strength ETF 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.