Cypress Capital Group Sells 550 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Cypress Capital Group reduced its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 10,603 shares of the company’s stock after selling 550 shares during the period. Cypress Capital Group’s holdings in First Trust Capital Strength ETF were worth $963,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC increased its holdings in shares of First Trust Capital Strength ETF by 8,647.9% in the 3rd quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock valued at $283,718,000 after acquiring an additional 3,088,928 shares during the period. Cetera Investment Advisers grew its stake in First Trust Capital Strength ETF by 195.0% during the 1st quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock worth $133,955,000 after buying an additional 1,033,794 shares during the last quarter. Cetera Advisors LLC grew its stake in First Trust Capital Strength ETF by 51.0% during the 1st quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after buying an additional 291,774 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in First Trust Capital Strength ETF by 5.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock worth $286,344,000 after buying an additional 190,799 shares during the last quarter. Finally, Kowal Investment Group LLC grew its stake in First Trust Capital Strength ETF by 24.6% during the 2nd quarter. Kowal Investment Group LLC now owns 610,585 shares of the company’s stock worth $51,314,000 after buying an additional 120,675 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $92.17 on Friday. The business’s 50-day simple moving average is $90.95 and its two-hundred day simple moving average is $87.51. The company has a market cap of $9.10 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $76.60 and a fifty-two week high of $93.12.

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 paid a dividend of $0.2566 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 annualized dividend and a yield of 1.11%.

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).