LPL Financial LLC Sells 189,079 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

LPL Financial LLC decreased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.5% in the 3rd quarter, Holdings Channel reports. The firm owned 7,373,549 shares of the company’s stock after selling 189,079 shares during the quarter. LPL Financial LLC owned 0.07% of First Trust Capital Strength ETF worth $669,518,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in FTCS. International Assets Investment Management LLC lifted its stake in shares of First Trust Capital Strength ETF by 8,647.9% in the 3rd quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock valued at $283,718,000 after purchasing an additional 3,088,928 shares during the period. Cetera Investment Advisers lifted its stake in 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. Cetera Advisors LLC boosted its holdings in shares of First Trust Capital Strength ETF by 51.0% during the 1st quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after buying an additional 291,774 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 5.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock worth $286,344,000 after buying an additional 190,799 shares in the last quarter. Finally, Kowal Investment Group LLC grew its position in shares of First Trust Capital Strength ETF by 24.6% during the 2nd quarter. Kowal Investment Group LLC now owns 610,585 shares of the company’s stock worth $51,314,000 after buying an additional 120,675 shares during the period.

First Trust Capital Strength ETF Stock Up 0.4 %

NASDAQ:FTCS opened at $91.17 on Thursday. The firm has a market capitalization of $9.00 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a twelve month low of $76.26 and a twelve month high of $93.12. The company has a fifty day moving average of $90.91 and a 200-day moving average of $87.49.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.2566 dividend. This represents a $1.03 annualized dividend and a yield of 1.13%. The ex-dividend date was Thursday, September 26th.

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).