Transcend Capital Advisors LLC Sells 342 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Transcend Capital Advisors LLC decreased its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,394 shares of the company’s stock after selling 342 shares during the period. Transcend Capital Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $285,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC increased its position in First Trust Capital Strength ETF by 7,852.6% in the 4th quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock valued at $239,004,000 after acquiring an additional 2,948,510 shares during the period. Commonwealth Equity Services LLC raised its position in First Trust Capital Strength ETF by 6.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,932,527 shares of the company’s stock worth $154,679,000 after purchasing an additional 115,213 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of First Trust Capital Strength ETF by 195.0% in the first quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock valued at $133,955,000 after buying an additional 1,033,794 shares during the period. Global Assets Advisory LLC boosted its holdings in First Trust Capital Strength ETF by 8,467.2% in the first quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock valued at $125,278,000 after acquiring an additional 1,445,606 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in First Trust Capital Strength ETF by 1.3% during the fourth quarter. Private Advisor Group LLC now owns 1,264,961 shares of the company’s stock valued at $101,247,000 after acquiring an additional 16,039 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS traded down $1.92 during midday trading on Monday, hitting $84.70. 474,363 shares of the stock traded hands, compared to its average volume of 335,310. First Trust Capital Strength ETF has a one year low of $71.11 and a one year high of $88.00. The business has a 50 day moving average price of $84.72 and a two-hundred day moving average price of $83.70. The company has a market cap of $8.53 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.2843 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Thursday, June 27th.

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).