Lynch & Associates IN Has $418,000 Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Lynch & Associates IN raised its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 26.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 4,974 shares of the company’s stock after purchasing an additional 1,025 shares during the quarter. Lynch & Associates IN’s holdings in First Trust Capital Strength ETF were worth $418,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Global Assets Advisory LLC boosted its position in First Trust Capital Strength ETF by 8,467.2% during the first quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock valued at $125,278,000 after acquiring an additional 1,445,606 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of First Trust Capital Strength ETF by 195.0% during the 1st quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock valued at $133,955,000 after purchasing an additional 1,033,794 shares in the last quarter. Scarborough Advisors LLC grew its stake in First Trust Capital Strength ETF by 316.1% during the fourth quarter. Scarborough Advisors LLC now owns 786,475 shares of the company’s stock worth $62,949,000 after purchasing an additional 597,458 shares during the period. Cetera Advisors LLC increased its holdings in First Trust Capital Strength ETF by 51.0% in the first quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after purchasing an additional 291,774 shares in the last quarter. Finally, Bennett Associates Wealth Management acquired a new position in First Trust Capital Strength ETF in the fourth quarter valued at approximately $20,475,000.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $88.61 on Friday. The stock’s 50 day moving average price is $86.77 and its two-hundred day moving average price is $84.84. The stock has a market capitalization of $8.92 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 52-week low of $71.11 and a 52-week high of $90.82.

First Trust Capital Strength ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a $0.2843 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, June 27th.

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).