First Trust Capital Strength ETF (NASDAQ:FTCS) Hits New 52-Week High – Here’s What Happened

Shares of First Trust Capital Strength ETF (NASDAQ:FTCS) reached a new 52-week high on Friday . The company traded as high as $101.18 and last traded at $101.17, with a volume of 97044 shares traded. The stock had previously closed at $101.00.

First Trust Capital Strength ETF Stock Up 0.0%

The firm has a market cap of $8.02 billion, a P/E ratio of 21.51 and a beta of 0.70. The business’s 50 day moving average is $96.48 and its 200-day moving average is $95.42.

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 paid a $0.2636 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 25th.

Hedge Funds Weigh In On First Trust Capital Strength ETF

A number of hedge funds have recently bought and sold shares of the company. Eastern Bank acquired a new stake in First Trust Capital Strength ETF during the second quarter valued at approximately $27,000. Caitlin John LLC increased its holdings 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 valued at $27,000 after acquiring an additional 216 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after acquiring an additional 246 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 140.0% in the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after acquiring an additional 175 shares during the last quarter. Finally, BOKF NA acquired a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at approximately $28,000.

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.