Valmark Advisers Inc. Has $13.85 Million Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Valmark Advisers Inc. boosted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 164,831 shares of the company’s stock after purchasing an additional 3,196 shares during the period. Valmark Advisers Inc. owned 0.16% of First Trust Capital Strength ETF worth $13,852,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Davis Capital Management acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at approximately $25,000. Headlands Technologies LLC acquired a new position in shares of First Trust Capital Strength ETF in the first quarter worth $33,000. Mather Group LLC. purchased a new stake in shares of First Trust Capital Strength ETF during the first quarter worth $34,000. EdgeRock Capital LLC purchased a new stake in shares of First Trust Capital Strength ETF during the fourth quarter worth $61,000. Finally, Hexagon Capital Partners LLC grew its stake in First Trust Capital Strength ETF by 60.0% in the second quarter. Hexagon Capital Partners LLC now owns 875 shares of the company’s stock valued at $74,000 after purchasing an additional 328 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.7 %

NASDAQ FTCS traded up $0.61 during trading on Friday, reaching $90.72. The company’s stock had a trading volume of 206,213 shares, compared to its average volume of 328,673. The stock has a market capitalization of $9.13 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 1-year low of $71.11 and a 1-year high of $90.82. The business has a 50-day moving average price of $86.26 and a 200-day moving average price of $84.57.

First Trust Capital Strength ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors 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 1.25%. The ex-dividend date 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).