Royal Bank of Canada Lowers Position in First Trust Capital Strength ETF $FTCS

Royal Bank of Canada cut its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 13.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,024,933 shares of the company’s stock after selling 156,873 shares during the period. Royal Bank of Canada owned about 1.22% of First Trust Capital Strength ETF worth $95,073,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Caitlin John LLC grew its stake in shares of First Trust Capital Strength ETF by 288.0% in the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares in the last quarter. BOKF NA bought a new position in shares of First Trust Capital Strength ETF during the third quarter valued at about $28,000. Finally, Whittier Trust Co. purchased a new position in First Trust Capital Strength ETF during the fourth quarter worth about $30,000.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $98.80 on Friday. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $101.12. The firm’s 50-day simple moving average is $95.25 and its 200 day simple moving average is $95.15. The stock has a market cap of $7.87 billion, a PE ratio of 21.51 and a beta of 0.71.

First Trust Capital Strength ETF Cuts Dividend

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

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.