First Trust Capital Strength ETF $FTCS Shares Sold by Dagco Inc.

Dagco Inc. trimmed its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 49.9% during the second quarter, Holdings Channel.com reports. The fund owned 41,102 shares of the company’s stock after selling 40,858 shares during the period. First Trust Capital Strength ETF accounts for about 0.7% of Dagco Inc.’s investment portfolio, making the stock its 27th biggest position. Dagco Inc.’s holdings in First Trust Capital Strength ETF were worth $3,860,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Eastern Bank purchased a new position in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $27,000. Caitlin John LLC increased its holdings in First Trust Capital Strength ETF by 288.0% in the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares during the last quarter. BOKF NA acquired a new stake in First Trust Capital Strength ETF in the 3rd quarter valued at approximately $28,000. EverSource Wealth Advisors LLC raised its position in First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares during the period. Finally, Parallel Advisors LLC raised its position in First Trust Capital Strength ETF by 140.0% in the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares during the period.

First Trust Capital Strength ETF Stock Down 0.0%

NASDAQ:FTCS opened at $100.61 on Wednesday. The stock’s fifty day moving average is $96.16 and its two-hundred day moving average is $95.36. First Trust Capital Strength ETF has a 52 week low of $89.76 and a 52 week high of $101.12. The stock has a market capitalization of $7.98 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.2636 dividend. This represents a $1.05 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 25th.

First Trust Capital Strength ETF Company 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.