First Trust Capital Strength ETF (NASDAQ:FTCS) is Investors Research Corp’s 7th Largest Position

Investors Research Corp grew its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 7.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 128,850 shares of the company’s stock after buying an additional 8,928 shares during the period. First Trust Capital Strength ETF accounts for 2.6% of Investors Research Corp’s portfolio, making the stock its 7th biggest position. Investors Research Corp’s holdings in First Trust Capital Strength ETF were worth $11,700,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTCS. Russell Investments Group Ltd. purchased a new stake in shares of First Trust Capital Strength ETF in the 1st quarter worth approximately $122,000. O Shaughnessy Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF in the 1st quarter worth approximately $170,000. CreativeOne Wealth LLC purchased a new stake in First Trust Capital Strength ETF during the first quarter valued at approximately $665,000. Axxcess Wealth Management LLC lifted its position in First Trust Capital Strength ETF by 4.0% during the first quarter. Axxcess Wealth Management LLC now owns 17,781 shares of the company’s stock valued at $1,523,000 after purchasing an additional 678 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its position in shares of First Trust Capital Strength ETF by 1.9% during the 1st quarter. Kestra Advisory Services LLC now owns 479,201 shares of the company’s stock valued at $41,044,000 after buying an additional 8,716 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS traded up $0.21 during mid-day trading on Thursday, reaching $91.38. The stock had a trading volume of 19,091 shares, compared to its average volume of 304,731. First Trust Capital Strength ETF has a 12 month low of $76.60 and a 12 month high of $93.12. The firm has a market cap of $9.02 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The business has a fifty day moving average of $90.91 and a 200 day moving average of $87.49.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend was Thursday, September 26th.

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).