First Trust Capital Strength ETF (NASDAQ:FTCS – Get Rating) declared a quarterly dividend on Thursday, December 22nd, Zacks reports. Investors of record on Tuesday, December 27th will be paid a dividend of 0.292 per share on Friday, December 30th. This represents a $1.17 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Friday, December 23rd. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.
First Trust Capital Strength ETF Trading Up 0.4 %
Shares of FTCS traded up $0.31 during midday trading on Friday, hitting $75.20. 600,021 shares of the stock were exchanged, compared to its average volume of 418,020. First Trust Capital Strength ETF has a 52-week low of $66.01 and a 52-week high of $85.07. The stock has a fifty day simple moving average of $74.87 and a 200 day simple moving average of $72.37.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC boosted its position in shares of First Trust Capital Strength ETF by 52.6% during the first quarter. NewEdge Advisors LLC now owns 169,577 shares of the company’s stock worth $13,261,000 after buying an additional 58,451 shares during the period. Equitable Holdings Inc. boosted its position in shares of First Trust Capital Strength ETF by 1.7% during the first quarter. Equitable Holdings Inc. now owns 136,374 shares of the company’s stock worth $10,664,000 after buying an additional 2,271 shares during the period. Laurel Wealth Advisors Inc. raised its stake in shares of First Trust Capital Strength ETF by 112.2% in the first quarter. Laurel Wealth Advisors Inc. now owns 116,724 shares of the company’s stock valued at $9,128,000 after acquiring an additional 61,726 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of First Trust Capital Strength ETF in the third quarter valued at $5,027,000. Finally, Jane Street Group LLC acquired a new stake in shares of First Trust Capital Strength ETF in the third quarter valued at $4,319,000.
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).
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