GAMMA Investing LLC Raises Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

GAMMA Investing LLC boosted its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 87.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,898 shares of the company’s stock after purchasing an additional 4,147 shares during the period. GAMMA Investing LLC’s holdings in First Trust Capital Strength ETF were worth $748,000 at the end of the most recent reporting period.

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

First Trust Capital Strength ETF Stock Performance

Shares of FTCS traded down $2.11 during mid-day trading on Monday, hitting $84.51. 680,785 shares of the company’s stock were exchanged, compared to its average volume of 336,696. The company has a market cap of $8.51 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $71.11 and a fifty-two week high of $88.00. The stock’s 50-day moving average is $84.72 and its 200-day moving average is $83.70.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.2843 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.14 annualized dividend and a yield of 1.35%.

About First Trust Capital Strength ETF

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).