Raymond James Trust N.A. Has $3.91 Million Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Raymond James Trust N.A. lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.5% during the 2nd quarter, Holdings Channel reports. The firm owned 46,550 shares of the company’s stock after selling 1,694 shares during the period. Raymond James Trust N.A.’s holdings in First Trust Capital Strength ETF were worth $3,912,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Davis Capital Management bought a new stake in First Trust Capital Strength ETF in the second quarter valued at about $25,000. Headlands Technologies LLC bought a new position in shares of First Trust Capital Strength ETF during the first quarter worth $33,000. Mather Group LLC. acquired a new position in shares of First Trust Capital Strength ETF in the 1st quarter valued at $34,000. Hexagon Capital Partners LLC bought a new stake in shares of First Trust Capital Strength ETF in the 4th quarter valued at $44,000. Finally, EdgeRock Capital LLC acquired a new stake in First Trust Capital Strength ETF during the 4th quarter worth $61,000.

First Trust Capital Strength ETF Stock Performance

FTCS stock traded up $0.45 during midday trading on Monday, hitting $89.86. 8,769 shares of the company’s stock were exchanged, compared to its average volume of 329,907. The company has a market cap of $9.04 billion, a PE ratio of 21.52 and a beta of 0.86. The stock’s fifty day moving average price is $85.74 and its 200-day moving average price is $84.31. First Trust Capital Strength ETF has a one year low of $71.11 and a one year high of $89.86.

First Trust Capital Strength ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a dividend of $0.2843 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.14 annualized dividend and a yield of 1.27%.

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).