First Trust Advisors LP Reduces Stock Holdings in First Trust Capital Strength ETF $FTCS

First Trust Advisors LP lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 33.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 13,274 shares of the company’s stock after selling 6,564 shares during the quarter. First Trust Advisors LP’s holdings in First Trust Capital Strength ETF were worth $1,231,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Caitlin John LLC lifted its holdings in shares of First Trust Capital Strength ETF by 288.0% in the fourth quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after buying an additional 216 shares in the last quarter. BOKF NA purchased a new stake in shares of First Trust Capital Strength ETF in the third quarter worth $28,000. EverSource Wealth Advisors LLC raised its holdings in shares of First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after acquiring an additional 246 shares in the last quarter. Parallel Advisors LLC lifted its position in First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares during the last quarter. Finally, Whittier Trust Co. bought a new stake in shares of First Trust Capital Strength ETF during the 4th quarter worth $30,000.

First Trust Capital Strength ETF Trading Up 0.0%

FTCS opened at $100.18 on Monday. The stock has a market capitalization of $7.95 billion, a P/E ratio of 21.51 and a beta of 0.70. The stock has a 50-day moving average price of $95.84 and a 200-day moving average price of $95.29. First Trust Capital Strength ETF has a 12-month low of $89.76 and a 12-month high of $101.12.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.2636 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.05 annualized dividend and a yield of 1.1%.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.