First Trust Capital Strength ETF $FTCS Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC decreased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 6.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,438 shares of the company’s stock after selling 298 shares during the period. Sequoia Financial Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $403,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. HBK Sorce Advisory LLC grew its position in First Trust Capital Strength ETF by 5.5% in the 1st quarter. HBK Sorce Advisory LLC now owns 220,563 shares of the company’s stock valued at $19,771,000 after buying an additional 11,589 shares during the last quarter. GAMMA Investing LLC raised its holdings in First Trust Capital Strength ETF by 3.9% during the first quarter. GAMMA Investing LLC now owns 9,679 shares of the company’s stock worth $868,000 after purchasing an additional 362 shares in the last quarter. Jones Financial Companies Lllp lifted its position in First Trust Capital Strength ETF by 74.0% in the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock valued at $38,148,000 after purchasing an additional 183,074 shares during the period. NewEdge Advisors LLC boosted its holdings in First Trust Capital Strength ETF by 16.0% in the 1st quarter. NewEdge Advisors LLC now owns 201,010 shares of the company’s stock valued at $18,019,000 after purchasing an additional 27,742 shares in the last quarter. Finally, Lokken Investment Group LLC boosted its holdings in First Trust Capital Strength ETF by 3.9% in the 1st quarter. Lokken Investment Group LLC now owns 48,959 shares of the company’s stock valued at $4,389,000 after purchasing an additional 1,855 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.6%

FTCS stock opened at $93.80 on Wednesday. The company’s 50-day moving average price is $92.99 and its 200 day moving average price is $90.87. The company has a market cap of $8.41 billion, a P/E ratio of 21.51 and a beta of 0.86. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.2527 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23.

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).