Dagco Inc. Increases Holdings in First Trust Capital Strength ETF $FTCS

Dagco Inc. raised its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 7.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 81,960 shares of the company’s stock after acquiring an additional 5,913 shares during the quarter. First Trust Capital Strength ETF makes up 1.6% of Dagco Inc.’s investment portfolio, making the stock its 15th biggest holding. Dagco Inc. owned about 0.10% of First Trust Capital Strength ETF worth $7,603,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Two Sigma Investments LP lifted its stake in First Trust Capital Strength ETF by 1,226.4% during the third quarter. Two Sigma Investments LP now owns 286,500 shares of the company’s stock worth $26,828,000 after purchasing an additional 264,900 shares during the last quarter. Evelyn Partners Investment Management Europe Ltd purchased a new position in First Trust Capital Strength ETF in the fourth quarter valued at approximately $16,633,000. Bank Hapoalim BM acquired a new stake in First Trust Capital Strength ETF during the fourth quarter worth approximately $14,709,000. Northwestern Mutual Wealth Management Co. raised its holdings in First Trust Capital Strength ETF by 39.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 462,385 shares of the company’s stock worth $42,775,000 after purchasing an additional 131,322 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new stake in First Trust Capital Strength ETF during the fourth quarter worth approximately $10,376,000.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $93.28 on Friday. First Trust Capital Strength ETF has a 12 month low of $89.39 and a 12 month high of $99.74. The firm has a market capitalization of $7.82 billion, a P/E ratio of 21.51 and a beta of 0.71. The company’s fifty day moving average price is $93.42 and its 200 day moving average price is $94.49.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be issued a dividend of $0.2636 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.05 annualized dividend and a dividend yield of 1.1%.

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.