Citizens Financial Group Inc. RI Purchases New Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Citizens Financial Group Inc. RI purchased a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 4,706 shares of the company’s stock, valued at approximately $396,000.

Several other hedge funds have also recently bought and sold shares of FTCS. Global Assets Advisory LLC increased its stake in shares of First Trust Capital Strength ETF by 8,467.2% during the first quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock worth $125,278,000 after purchasing an additional 1,445,606 shares during the period. Cetera Investment Advisers increased 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 period. Scarborough Advisors LLC increased 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 period. Cetera Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 51.0% during the first quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after buying an additional 291,774 shares in the last quarter. Finally, Bennett Associates Wealth Management bought a new stake in shares of First Trust Capital Strength ETF in the fourth quarter valued at about $20,475,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $90.20 on Thursday. First Trust Capital Strength ETF has a 52 week low of $71.11 and a 52 week high of $91.17. The firm’s 50-day simple moving average is $87.75 and its 200 day simple moving average is $85.19. The firm has a market cap of $9.08 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.2843 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.14 annualized dividend and a dividend yield of 1.26%.

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).