First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC reduced its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 16.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 17,934 shares of the company’s stock after selling 3,539 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $1,628,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FTCS. Sequoia Financial Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $401,000. American Financial Advisors LLC boosted its holdings in shares of First Trust Capital Strength ETF by 1.3% in the second quarter. American Financial Advisors LLC now owns 400,256 shares of the company’s stock valued at $33,637,000 after acquiring an additional 5,099 shares during the period. Wesbanco Bank Inc. purchased a new position in shares of First Trust Capital Strength ETF during the third quarter worth approximately $405,000. Headlands Technologies LLC purchased a new position in shares of First Trust Capital Strength ETF during the first quarter worth approximately $33,000. Finally, Brookstone Capital Management increased its holdings in shares of First Trust Capital Strength ETF by 7.4% in the 2nd quarter. Brookstone Capital Management now owns 5,990 shares of the company’s stock valued at $520,000 after acquiring an additional 415 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $90.10 on Wednesday. First Trust Capital Strength ETF has a 1-year low of $74.33 and a 1-year high of $93.05. The stock has a market cap of $8.89 billion, a P/E ratio of 21.52 and a beta of 0.86. The firm has a fifty day moving average price of $90.53 and a 200 day moving average price of $86.81.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.2566 per share. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Thursday, September 26th.

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).