Sei Investments Co. Buys 11,608 Shares of First Trust Capital Strength ETF $FTCS

Sei Investments Co. increased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 239.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,460 shares of the company’s stock after purchasing an additional 11,608 shares during the quarter. Sei Investments Co.’s holdings in First Trust Capital Strength ETF were worth $1,527,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Plus Group Wealth Advisors LLC acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth $1,675,000. Merit Financial Group LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 4th quarter valued at $10,376,000. Galvin Gaustad & Stein LLC bought a new stake in First Trust Capital Strength ETF during the 4th quarter worth $973,000. Vestmark Advisory Solutions Inc. grew its position in First Trust Capital Strength ETF by 19.4% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 186,554 shares of the company’s stock worth $17,258,000 after acquiring an additional 30,287 shares during the last quarter. Finally, World Investment Advisors grew its position in First Trust Capital Strength ETF by 17.5% during the 4th quarter. World Investment Advisors now owns 52,736 shares of the company’s stock worth $4,879,000 after acquiring an additional 7,853 shares during the last quarter.

First Trust Capital Strength ETF Stock Up 0.5%

Shares of FTCS opened at $100.65 on Tuesday. The stock has a market cap of $7.99 billion, a PE ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 12-month low of $89.76 and a 12-month high of $101.12. The business has a 50-day simple moving average of $96.00 and a two-hundred day simple moving average of $95.33.

First Trust Capital Strength ETF Cuts Dividend

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

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.