HFG Advisors Inc. Has $1.61 Million Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

HFG Advisors Inc. reduced its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,206 shares of the company’s stock after selling 121 shares during the period. First Trust Capital Strength ETF makes up 1.5% of HFG Advisors Inc.’s investment portfolio, making the stock its 21st largest holding. HFG Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $1,614,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FTCS. Davis Capital Management bought a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth $25,000. Headlands Technologies LLC purchased a new position in First Trust Capital Strength ETF during the 1st quarter valued at about $33,000. Mather Group LLC. purchased a new position in First Trust Capital Strength ETF during the 1st quarter valued at about $34,000. Hexagon Capital Partners LLC purchased a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $44,000. Finally, EdgeRock Capital LLC purchased a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $61,000.

First Trust Capital Strength ETF Trading Up 0.2 %

Shares of NASDAQ FTCS traded up $0.17 during midday trading on Friday, hitting $86.04. 256,623 shares of the company’s stock were exchanged, compared to its average volume of 339,039. First Trust Capital Strength ETF has a 12-month low of $71.11 and a 12-month high of $88.00. The company has a market cap of $8.66 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The business’s fifty day moving average price is $84.96 and its two-hundred day moving average price is $83.86.

First Trust Capital Strength ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.2843 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.14 annualized dividend and a yield of 1.32%.

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).