First Trust Capital Strength ETF (NASDAQ:FTCS) Hits New 12-Month High at $91.05

First Trust Capital Strength ETF (NASDAQ:FTCS)’s share price reached a new 52-week high on Monday . The company traded as high as $91.05 and last traded at $90.84, with a volume of 18916 shares traded. The stock had previously closed at $90.27.

First Trust Capital Strength ETF Stock Performance

The stock has a market capitalization of $9.12 billion, a PE ratio of 21.52 and a beta of 0.86. The company has a 50 day moving average of $87.64 and a two-hundred day moving average of $85.16.

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 given a dividend of $0.2843 per share. This represents a $1.14 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Thursday, June 27th.

Hedge Funds Weigh In On First Trust Capital Strength ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Global Assets Advisory LLC increased its holdings in shares of First Trust Capital Strength ETF by 8,467.2% in the first quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock valued at $125,278,000 after purchasing an additional 1,445,606 shares during the period. Cetera Investment Advisers raised its position in First Trust Capital Strength ETF by 195.0% during the 1st quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock worth $133,955,000 after buying an additional 1,033,794 shares during the last quarter. Scarborough Advisors LLC raised its position in First Trust Capital Strength ETF by 316.1% during the 4th quarter. Scarborough Advisors LLC now owns 786,475 shares of the company’s stock worth $62,949,000 after buying an additional 597,458 shares during the last quarter. Cetera Advisors LLC lifted its stake in First Trust Capital Strength ETF by 51.0% during the 1st quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock valued at $73,953,000 after acquiring an additional 291,774 shares during the period. Finally, Bennett Associates Wealth Management purchased a new stake in shares of First Trust Capital Strength ETF in the 4th quarter valued at $20,475,000.

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).