Jacobi Capital Management LLC Has $1.08 Million Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Jacobi Capital Management LLC lowered its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.0% in the first quarter, Holdings Channel reports. The institutional investor owned 12,625 shares of the company’s stock after selling 264 shares during the period. Jacobi Capital Management LLC’s holdings in First Trust Capital Strength ETF were worth $1,081,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FTCS. Advisor Resource Council bought a new stake in First Trust Capital Strength ETF in the fourth quarter valued at about $346,000. HFG Advisors Inc. increased its stake in First Trust Capital Strength ETF by 1.6% in the fourth quarter. HFG Advisors Inc. now owns 19,302 shares of the company’s stock valued at $1,545,000 after acquiring an additional 312 shares during the period. Mutual Advisors LLC increased its stake in First Trust Capital Strength ETF by 1.0% in the fourth quarter. Mutual Advisors LLC now owns 19,634 shares of the company’s stock valued at $1,572,000 after acquiring an additional 204 shares during the period. CoreCap Advisors LLC increased its stake in First Trust Capital Strength ETF by 13.6% in the fourth quarter. CoreCap Advisors LLC now owns 15,943 shares of the company’s stock valued at $1,276,000 after acquiring an additional 1,903 shares during the period. Finally, Wolff Wiese Magana LLC increased its stake in First Trust Capital Strength ETF by 4.6% in the fourth quarter. Wolff Wiese Magana LLC now owns 10,577 shares of the company’s stock valued at $847,000 after acquiring an additional 468 shares during the period.

First Trust Capital Strength ETF Trading Up 0.6 %

NASDAQ FTCS traded up $0.48 on Monday, reaching $85.80. The company’s stock had a trading volume of 318,210 shares, compared to its average volume of 331,874. The firm has a market cap of $8.67 billion, a PE ratio of 21.52 and a beta of 0.86. The business has a 50-day moving average price of $84.29 and a 200 day moving average price of $83.25. First Trust Capital Strength ETF has a 52 week low of $71.11 and a 52 week high of $87.06.

First Trust Capital Strength ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.2843 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.14 annualized dividend and a yield of 1.33%.

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).