MCF Advisors LLC Takes $755,000 Position in First Trust Capital Strength ETF $FTCS

MCF Advisors LLC purchased a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 8,034 shares of the company’s stock, valued at approximately $755,000.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE lifted its stake in First Trust Capital Strength ETF by 1.5% in the second quarter. Bank of America Corp DE now owns 1,714,227 shares of the company’s stock valued at $155,806,000 after acquiring an additional 25,024 shares during the last quarter. Royal Bank of Canada increased its stake in shares of First Trust Capital Strength ETF by 1.9% during the 4th quarter. Royal Bank of Canada now owns 1,181,806 shares of the company’s stock worth $109,332,000 after purchasing an additional 22,147 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of 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 purchasing an additional 22,849 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust Capital Strength ETF by 39.7% during the 4th 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 in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of First Trust Capital Strength ETF by 4.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 418,008 shares of the company’s stock valued at $38,671,000 after purchasing an additional 16,707 shares in the last quarter.

First Trust Capital Strength ETF Trading Down 0.2%

FTCS stock opened at $96.79 on Friday. The firm has a market cap of $7.68 billion, a PE 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 company has a fifty day simple moving average of $99.04 and a 200 day simple moving average of $95.81.

First Trust Capital Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.2636 per share. This represents a $1.05 annualized dividend and a 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.