First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lowered its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,228 shares of the company’s stock after selling 1,412 shares during the quarter. Avior Wealth Management LLC owned 0.05% of First Trust Capital Strength ETF worth $4,561,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FTCS. Davis Capital Management acquired a new stake in First Trust Capital Strength ETF during the 2nd quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in First Trust Capital Strength ETF during the third quarter worth about $29,000. Asset Dedication LLC purchased a new position in First Trust Capital Strength ETF during the second quarter valued at approximately $31,000. EverSource Wealth Advisors LLC acquired a new position in First Trust Capital Strength ETF in the second quarter valued at approximately $32,000. Finally, ORG Partners LLC purchased a new stake in First Trust Capital Strength ETF in the 3rd quarter worth approximately $64,000.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $90.84 on Wednesday. The firm’s 50 day simple moving average is $90.88 and its 200-day simple moving average is $87.43. First Trust Capital Strength ETF has a 12 month low of $75.83 and a 12 month high of $93.12. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued 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 1.13%.

About First Trust Capital Strength ETF

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).