Investors Research Corp Buys New Shares in First Trust Capital Strength ETF $FTCS

Investors Research Corp bought a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 174,122 shares of the company’s stock, valued at approximately $16,354,000. First Trust Capital Strength ETF comprises 2.9% of Investors Research Corp’s portfolio, making the stock its 9th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its holdings in shares of First Trust Capital Strength ETF by 93.9% in the first quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock valued at $510,000 after purchasing an additional 2,755 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares during the period. First Trust Advisors LP lifted its holdings in shares of First Trust Capital Strength ETF by 43.3% during the second quarter. First Trust Advisors LP now owns 16,738 shares of the company’s stock worth $1,521,000 after purchasing an additional 5,054 shares during the period. Qube Research & Technologies Ltd boosted its position in First Trust Capital Strength ETF by 491.7% in the second quarter. Qube Research & Technologies Ltd now owns 68,187 shares of the company’s stock valued at $6,198,000 after buying an additional 56,664 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in First Trust Capital Strength ETF in the second quarter valued at approximately $511,000.

First Trust Capital Strength ETF Trading Down 0.0%

Shares of NASDAQ:FTCS opened at $100.61 on Wednesday. First Trust Capital Strength ETF has a twelve month low of $89.76 and a twelve month high of $101.12. The company’s 50 day moving average is $96.16 and its 200 day moving average is $95.36. The company has a market cap of $7.98 billion, a PE ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders 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 of this dividend was Thursday, June 25th.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.