First Trust Capital Strength ETF $FTCS Shares Sold by RFG Advisory LLC

RFG Advisory LLC cut its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 28.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,677 shares of the company’s stock after selling 13,223 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $3,163,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eastern Bank purchased a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter valued at $27,000. Caitlin John LLC grew its position in First Trust Capital Strength ETF by 288.0% during the fourth quarter. Caitlin John LLC now owns 291 shares of the company’s stock valued at $27,000 after acquiring an additional 216 shares during the period. EverSource Wealth Advisors LLC grew its position in First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after acquiring an additional 246 shares during the period. Parallel Advisors LLC increased its stake in First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares during the last quarter. Finally, BOKF NA purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $28,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $97.02 on Thursday. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $102.93. The stock has a market capitalization of $7.70 billion, a P/E ratio of 21.51 and a beta of 0.70. The stock has a 50-day simple moving average of $99.05 and a 200-day simple moving average of $95.82.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.2636 per share. This represents a $1.05 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.