D.A. Davidson & CO. Decreases Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

D.A. Davidson & CO. reduced its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 335,826 shares of the company’s stock after selling 1,078 shares during the quarter. D.A. Davidson & CO. owned 0.34% of First Trust Capital Strength ETF worth $30,493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Sequoia Financial Advisors LLC bought a new stake in First Trust Capital Strength ETF in the 3rd quarter worth approximately $401,000. Truvestments Capital LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth $2,714,000. Concurrent Investment Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 18.8% in the third quarter. Concurrent Investment Advisors LLC now owns 348,993 shares of the company’s stock worth $31,689,000 after acquiring an additional 55,142 shares during the period. American Financial Advisors LLC grew 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 worth $33,637,000 after acquiring an additional 5,099 shares during the period. Finally, Wesbanco Bank Inc. purchased a new stake in First Trust Capital Strength ETF during the third quarter valued at $405,000.

First Trust Capital Strength ETF Stock Up 0.5 %

First Trust Capital Strength ETF stock opened at $93.26 on Tuesday. The business has a 50-day simple moving average of $91.09 and a two-hundred day simple moving average of $87.75. The company has a market cap of $9.20 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 52-week low of $76.60 and a 52-week high of $93.48.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend 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).