Private Advisor Group LLC Sells 41,142 Shares of First Trust Capital Strength ETF $FTCS

Private Advisor Group LLC trimmed its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 730,079 shares of the company’s stock after selling 41,142 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Capital Strength ETF were worth $68,364,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FTCS. AQR Capital Management LLC increased its stake in shares of First Trust Capital Strength ETF by 93.9% during the first quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock valued at $510,000 after buying an additional 2,755 shares during the period. Bank of Montreal Can lifted its stake in First Trust Capital Strength ETF by 547.1% in the second quarter. Bank of Montreal Can now owns 660 shares of the company’s stock worth $60,000 after acquiring an additional 558 shares during the period. Savant Capital LLC grew its holdings in First Trust Capital Strength ETF by 6.6% during the 2nd quarter. Savant Capital LLC now owns 11,771 shares of the company’s stock worth $1,070,000 after acquiring an additional 726 shares in the last quarter. Allworth Financial LP grew its holdings in First Trust Capital Strength ETF by 9.2% during the 2nd quarter. Allworth Financial LP now owns 9,183 shares of the company’s stock worth $835,000 after acquiring an additional 775 shares in the last quarter. Finally, PCG Wealth Advisors LLC increased its position in First Trust Capital Strength ETF by 4.4% during the 2nd quarter. PCG Wealth Advisors LLC now owns 75,280 shares of the company’s stock valued at $6,842,000 after purchasing an additional 3,199 shares during the period.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $97.10 on Monday. The firm has a 50-day simple moving average of $96.54 and a 200-day simple moving average of $93.97. First Trust Capital Strength ETF has a one year low of $80.65 and a one year high of $99.74. The firm has a market cap of $8.31 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.2607 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, December 12th.

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.