MTM Investment Management LLC Sells 170 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

MTM Investment Management LLC trimmed its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 7,589 shares of the company’s stock after selling 170 shares during the period. MTM Investment Management LLC’s holdings in First Trust Capital Strength ETF were worth $688,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in FTCS. Kraft Davis & Associates LLC lifted its stake in First Trust Capital Strength ETF by 2.7% during the third quarter. Kraft Davis & Associates LLC now owns 4,423 shares of the company’s stock worth $395,000 after purchasing an additional 115 shares during the period. Kingswood Wealth Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 0.3% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock worth $3,603,000 after buying an additional 122 shares during the period. SRS Capital Advisors Inc. boosted its stake in First Trust Capital Strength ETF by 0.8% in the 2nd quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock valued at $1,437,000 after buying an additional 138 shares in the last quarter. Herold Advisors Inc. grew its position in First Trust Capital Strength ETF by 1.6% in the second quarter. Herold Advisors Inc. now owns 9,033 shares of the company’s stock valued at $759,000 after acquiring an additional 139 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in First Trust Capital Strength ETF by 1.7% during the third quarter. Farther Finance Advisors LLC now owns 9,428 shares of the company’s stock worth $856,000 after acquiring an additional 155 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $90.84 on Wednesday. The company’s fifty day moving average is $90.88 and its 200-day moving average is $87.43. First Trust Capital Strength ETF has a 52 week low of $75.83 and a 52 week high of $93.12. The company has a market capitalization of $8.97 billion, a PE ratio of 21.52 and a beta of 0.86.

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 given a $0.2566 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a yield of 1.13%.

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).