TFB Advisors LLC Cuts Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

TFB Advisors LLC decreased its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 7.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,822 shares of the company’s stock after selling 222 shares during the period. TFB Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in First Trust Capital Strength ETF during the third quarter valued at $64,000. Wesbanco Bank Inc. purchased a new position in First Trust Capital Strength ETF in the 3rd quarter valued at about $405,000. Creative Planning boosted its holdings in First Trust Capital Strength ETF by 1.4% in the 3rd quarter. Creative Planning now owns 33,546 shares of the company’s stock worth $3,046,000 after buying an additional 467 shares during the last quarter. Lynch & Associates IN increased its stake in First Trust Capital Strength ETF by 13.0% during the 3rd quarter. Lynch & Associates IN now owns 5,622 shares of the company’s stock worth $510,000 after buying an additional 648 shares in the last quarter. Finally, Kaydan Wealth Management Inc. raised its holdings in shares of First Trust Capital Strength ETF by 1.8% during the third quarter. Kaydan Wealth Management Inc. now owns 48,343 shares of the company’s stock valued at $4,390,000 after acquiring an additional 846 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $89.68 on Thursday. First Trust Capital Strength ETF has a 1-year low of $81.07 and a 1-year high of $94.23. The company has a market cap of $8.83 billion, a PE ratio of 21.52 and a beta of 0.86. The stock’s 50 day simple moving average is $89.28 and its 200-day simple moving average is $89.87.

First Trust Capital Strength ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.4043 per share. The ex-dividend date of this dividend was Friday, December 13th.

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).