Integrated Wealth Concepts LLC Buys 44,848 Shares of First Trust Capital Strength ETF $FTCS

Integrated Wealth Concepts LLC lifted its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 61.3% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 117,987 shares of the company’s stock after buying an additional 44,848 shares during the quarter. Integrated Wealth Concepts LLC owned about 0.15% of First Trust Capital Strength ETF worth $11,081,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Two Sigma Investments LP raised its holdings in First Trust Capital Strength ETF by 1,226.4% in the 3rd quarter. Two Sigma Investments LP now owns 286,500 shares of the company’s stock valued at $26,828,000 after acquiring an additional 264,900 shares during the period. Evelyn Partners Investment Management Europe Ltd acquired a new stake in First Trust Capital Strength ETF during the fourth quarter worth approximately $16,633,000. Investors Research Corp bought a new stake in shares of First Trust Capital Strength ETF during the second quarter worth approximately $16,354,000. Bank Hapoalim BM bought a new stake in shares of First Trust Capital Strength ETF during the fourth quarter worth approximately $14,709,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of First Trust Capital Strength ETF by 39.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 462,385 shares of the company’s stock valued at $42,775,000 after purchasing an additional 131,322 shares during the last quarter.

First Trust Capital Strength ETF Trading Down 0.2%

Shares of NASDAQ FTCS opened at $96.79 on Friday. The firm has a market cap of $7.68 billion, a P/E ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1-year low of $89.76 and a 1-year high of $102.93. The business’s 50 day moving average is $99.04 and its 200-day moving average is $95.81.

First Trust Capital Strength ETF Cuts Dividend

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

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.