D.A. Davidson & CO. Sells 1,078 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

D.A. Davidson & CO. trimmed its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 335,826 shares of the company’s stock after selling 1,078 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust Capital Strength ETF were worth $30,493,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FTCS. Davis Capital Management purchased a new stake in shares of First Trust Capital Strength ETF in the second quarter worth $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in First Trust Capital Strength ETF during the third quarter valued at about $29,000. Asset Dedication LLC purchased a new position in shares of First Trust Capital Strength ETF in the second quarter valued at about $31,000. EverSource Wealth Advisors LLC bought a new position in shares of First Trust Capital Strength ETF in the second quarter worth about $32,000. Finally, ORG Partners LLC purchased a new stake in shares of First Trust Capital Strength ETF during the third quarter worth about $64,000.

First Trust Capital Strength ETF Trading Up 0.5 %

Shares of FTCS opened at $93.26 on Tuesday. First Trust Capital Strength ETF has a 12-month low of $76.60 and a 12-month high of $93.48. The company has a market capitalization of $9.20 billion, a PE ratio of 21.52 and a beta of 0.86. The business’s 50 day moving average is $91.09 and its 200 day moving average is $87.75.

First Trust Capital Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 annualized dividend and a dividend yield of 1.10%. 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).