First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Kowal Investment Group LLC

Kowal Investment Group LLC trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 94.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,716 shares of the company’s stock after selling 575,869 shares during the period. First Trust Capital Strength ETF accounts for approximately 0.6% of Kowal Investment Group LLC’s holdings, making the stock its 26th biggest position. Kowal Investment Group LLC’s holdings in First Trust Capital Strength ETF were worth $3,152,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC raised its stake in shares of First Trust Capital Strength ETF by 0.3% during the second quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock valued at $3,603,000 after purchasing an additional 122 shares in the last quarter. First PREMIER Bank boosted its holdings in shares of First Trust Capital Strength ETF by 0.7% in the first quarter. First PREMIER Bank now owns 16,989 shares of the company’s stock valued at $1,455,000 after acquiring an additional 125 shares in the last quarter. Clarity Capital Partners LLC increased its stake in shares of First Trust Capital Strength ETF by 4.3% during the first quarter. Clarity Capital Partners LLC now owns 3,121 shares of the company’s stock valued at $267,000 after acquiring an additional 128 shares during the period. BlueChip Wealth Advisors LLC raised its holdings in First Trust Capital Strength ETF by 0.4% during the first quarter. BlueChip Wealth Advisors LLC now owns 35,306 shares of the company’s stock worth $3,024,000 after purchasing an additional 131 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in First Trust Capital Strength ETF by 0.8% in the second quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock worth $1,437,000 after purchasing an additional 138 shares during the period.

First Trust Capital Strength ETF Stock Performance

FTCS opened at $92.70 on Thursday. The company has a market capitalization of $9.18 billion, a PE ratio of 21.52 and a beta of 0.86. The stock’s fifty day moving average is $89.75 and its 200-day moving average is $86.04. First Trust Capital Strength ETF has a one year low of $71.11 and a one year high of $93.05.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Thursday, September 26th.

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).