First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC reduced its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,182 shares of the company’s stock after selling 437 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in First Trust Capital Strength ETF were worth $982,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Kestra Investment Management LLC acquired a new position in shares of First Trust Capital Strength ETF in the 4th quarter valued at $38,000. Knuff & Co LLC acquired a new position in shares of First Trust Capital Strength ETF in the fourth quarter worth about $88,000. Stephens Consulting LLC increased its position in shares of First Trust Capital Strength ETF by 20.7% in the fourth quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after acquiring an additional 183 shares in the last quarter. Lee Danner & Bass Inc. acquired a new stake in shares of First Trust Capital Strength ETF during the fourth quarter valued at approximately $99,000. Finally, Thompson Investment Management Inc. purchased a new stake in shares of First Trust Capital Strength ETF in the 4th quarter valued at approximately $116,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $83.97 on Friday. The firm’s 50 day moving average price is $89.55 and its two-hundred day moving average price is $90.13. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23. The stock has a market cap of $7.99 billion, a price-to-earnings ratio of 23.46 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.2159 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.03%.

First Trust Capital Strength ETF Company 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).