Moloney Securities Asset Management LLC Has $2.39 Million Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Moloney Securities Asset Management LLC reduced its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 26,298 shares of the company’s stock after selling 452 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in First Trust Capital Strength ETF were worth $2,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Roman Butler Fullerton & Co. raised its position in shares of First Trust Capital Strength ETF by 1.7% during the third quarter. Roman Butler Fullerton & Co. now owns 48,896 shares of the company’s stock valued at $4,508,000 after buying an additional 820 shares during the last quarter. Clear Creek Financial Management LLC boosted its stake in First Trust Capital Strength ETF by 1.1% in the 3rd quarter. Clear Creek Financial Management LLC now owns 36,170 shares of the company’s stock valued at $3,284,000 after buying an additional 411 shares in the last quarter. Farther Finance Advisors LLC grew its position in First Trust Capital Strength ETF by 1.7% in the third quarter. Farther Finance Advisors LLC now owns 9,428 shares of the company’s stock valued at $856,000 after acquiring an additional 155 shares during the period. Principal Securities Inc. grew its position in First Trust Capital Strength ETF by 1.9% in the third quarter. Principal Securities Inc. now owns 45,042 shares of the company’s stock valued at $4,090,000 after acquiring an additional 822 shares during the period. Finally, Stephens Inc. AR raised its stake in First Trust Capital Strength ETF by 0.8% during the third quarter. Stephens Inc. AR now owns 72,532 shares of the company’s stock worth $6,586,000 after acquiring an additional 540 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $89.40 on Tuesday. The company’s fifty day moving average is $90.53 and its 200-day moving average is $86.75. First Trust Capital Strength ETF has a 52 week low of $74.33 and a 52 week high of $93.05. The company has a market capitalization of $8.82 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.2566 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a yield of 1.15%.

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).