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

CoreCap Advisors LLC trimmed its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 93.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 862 shares of the company’s stock after selling 11,982 shares during the quarter. CoreCap Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $81,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FTCS. Farmers & Merchants Investments Inc. bought a new position in shares of First Trust Capital Strength ETF in the second quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its stake in shares of First Trust Capital Strength ETF by 492.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after acquiring an additional 246 shares in the last quarter. Davis Capital Management acquired a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth $28,000. Princeton Global Asset Management LLC acquired a new stake in shares of First Trust Capital Strength ETF during the third quarter worth $29,000. Finally, Mather Group LLC. purchased a new stake in shares of First Trust Capital Strength ETF during the third quarter valued at $30,000.

First Trust Capital Strength ETF Stock Up 0.7%

NASDAQ:FTCS opened at $95.88 on Thursday. The stock has a fifty day simple moving average of $92.66 and a 200 day simple moving average of $92.46. The firm has a market capitalization of $8.29 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $95.88.

First Trust Capital Strength ETF Increases Dividend

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

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