RiverTree Advisors LLC Sells 23,974 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

RiverTree Advisors LLC cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 20.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 91,747 shares of the company’s stock after selling 23,974 shares during the quarter. First Trust Capital Strength ETF comprises approximately 5.3% of RiverTree Advisors LLC’s portfolio, making the stock its 5th largest holding. RiverTree Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $8,057,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Moisand Fitzgerald Tamayo LLC acquired a new position in First Trust Capital Strength ETF during the 3rd quarter worth $29,000. EverSource Wealth Advisors LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $32,000. ORG Partners LLC bought a new stake in shares of First Trust Capital Strength ETF during the third quarter worth approximately $64,000. Pinnacle Bancorp Inc. lifted its holdings in First Trust Capital Strength ETF by 39.1% in the third quarter. Pinnacle Bancorp Inc. now owns 1,188 shares of the company’s stock valued at $108,000 after buying an additional 334 shares during the period. Finally, EP Wealth Advisors LLC bought a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $123,000.

First Trust Capital Strength ETF Stock Up 0.1 %

NASDAQ:FTCS opened at $89.09 on Monday. First Trust Capital Strength ETF has a 12-month low of $79.70 and a 12-month high of $94.23. The firm has a market capitalization of $8.84 billion, a P/E ratio of 21.52 and a beta of 0.86. The stock’s fifty day simple moving average is $90.18 and its 200-day simple moving average is $89.29.

First Trust Capital Strength ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.4043 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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).