Retirement Guys Formula LLC Sells 209 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Retirement Guys Formula LLC cut its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,485 shares of the company’s stock after selling 209 shares during the quarter. Retirement Guys Formula LLC’s holdings in First Trust Capital Strength ETF were worth $498,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. TFB Advisors LLC acquired a new stake in First Trust Capital Strength ETF in the first quarter valued at approximately $249,000. American Financial Advisors LLC grew its position in shares of First Trust Capital Strength ETF by 1.3% in the second quarter. American Financial Advisors LLC now owns 400,256 shares of the company’s stock valued at $33,637,000 after purchasing an additional 5,099 shares in the last quarter. Wesbanco Bank Inc. bought a new stake in First Trust Capital Strength ETF during the third quarter worth about $405,000. Headlands Technologies LLC bought a new stake in First Trust Capital Strength ETF during the first quarter worth about $33,000. Finally, Brookstone Capital Management lifted its stake in shares of First Trust Capital Strength ETF by 7.4% in the 2nd quarter. Brookstone Capital Management now owns 5,990 shares of the company’s stock valued at $520,000 after acquiring an additional 415 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

FTCS traded down $0.54 during midday trading on Monday, reaching $92.19. 135,442 shares of the company’s stock traded hands, compared to its average volume of 313,014. The firm has a fifty day moving average of $90.02 and a two-hundred day moving average of $86.17. The stock has a market capitalization of $9.13 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 52 week low of $71.11 and a 52 week high of $93.05.

First Trust Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.2566 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.11%.

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).