First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Truist Financial Corp

Truist Financial Corp lowered its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 17.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 668,148 shares of the company’s stock after selling 140,202 shares during the period. Truist Financial Corp owned about 0.66% of First Trust Capital Strength ETF worth $56,151,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Kingswood Wealth Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 0.3% during the second quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock worth $3,603,000 after buying an additional 122 shares during the last quarter. First PREMIER Bank grew its holdings in shares of First Trust Capital Strength ETF by 0.7% during the first quarter. First PREMIER Bank now owns 16,989 shares of the company’s stock worth $1,455,000 after buying an additional 125 shares during the last quarter. Clarity Capital Partners LLC grew its holdings in shares of First Trust Capital Strength ETF by 4.3% during the first quarter. Clarity Capital Partners LLC now owns 3,121 shares of the company’s stock worth $267,000 after buying an additional 128 shares during the last quarter. BlueChip Wealth Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 0.4% during the first quarter. BlueChip Wealth Advisors LLC now owns 35,306 shares of the company’s stock worth $3,024,000 after buying an additional 131 shares during the last quarter. Finally, SRS Capital Advisors Inc. grew its holdings in shares of First Trust Capital Strength ETF by 0.8% during the second quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock worth $1,437,000 after buying an additional 138 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 0.0 %

NASDAQ FTCS opened at $90.78 on Wednesday. First Trust Capital Strength ETF has a 52-week low of $71.11 and a 52-week high of $91.17. The business’s 50-day moving average price is $88.53 and its 200 day moving average price is $85.56. The firm has a market cap of $9.14 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, September 26th.

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).