Perennial Investment Advisors LLC Has $5.43 Million Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Perennial Investment Advisors LLC decreased its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 12.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,600 shares of the company’s stock after selling 9,270 shares during the quarter. First Trust Capital Strength ETF accounts for approximately 0.8% of Perennial Investment Advisors LLC’s holdings, making the stock its 28th biggest position. Perennial Investment Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $5,429,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Davis Capital Management acquired a new position in shares of First Trust Capital Strength ETF in the 2nd quarter valued at about $25,000. Asset Dedication LLC acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at approximately $31,000. Headlands Technologies LLC purchased a new stake in First Trust Capital Strength ETF in the 1st quarter worth approximately $33,000. Mather Group LLC. acquired a new stake in shares of First Trust Capital Strength ETF during the 1st quarter valued at $34,000. Finally, Hexagon Capital Partners LLC grew its stake in First Trust Capital Strength ETF by 60.0% in the second quarter. Hexagon Capital Partners LLC now owns 875 shares of the company’s stock valued at $74,000 after purchasing an additional 328 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $90.86 on Tuesday. The company has a market capitalization of $9.15 billion, a P/E ratio of 21.52 and a beta of 0.86. The stock’s 50 day moving average price is $87.50 and its 200 day moving average price is $85.11. First Trust Capital Strength ETF has a 52 week low of $71.11 and a 52 week high of $91.06.

First Trust Capital Strength ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a $0.2843 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.25%. The ex-dividend date was Thursday, June 27th.

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).