ERn Financial LLC Trims Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

ERn Financial LLC cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 36.9% during the fourth quarter, HoldingsChannel reports. The firm owned 20,858 shares of the company’s stock after selling 12,188 shares during the period. ERn Financial LLC’s holdings in First Trust Capital Strength ETF were worth $1,832,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in FTCS. Kraft Davis & Associates LLC increased its holdings in shares of First Trust Capital Strength ETF by 2.7% in the third quarter. Kraft Davis & Associates LLC now owns 4,423 shares of the company’s stock valued at $395,000 after purchasing an additional 115 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of First Trust Capital Strength ETF by 1.7% in the third quarter. Farther Finance Advisors LLC now owns 9,428 shares of the company’s stock valued at $856,000 after buying an additional 155 shares in the last quarter. Cherry Creek Investment Advisors Inc. grew its stake in shares of First Trust Capital Strength ETF by 0.8% during the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 18,644 shares of the company’s stock worth $1,693,000 after purchasing an additional 157 shares during the period. Raymond James Trust N.A. lifted its stake in shares of First Trust Capital Strength ETF by 0.5% in the third quarter. Raymond James Trust N.A. now owns 46,788 shares of the company’s stock valued at $4,248,000 after purchasing an additional 238 shares during the period. Finally, J.W. Cole Advisors Inc. boosted its holdings in First Trust Capital Strength ETF by 0.7% during the third quarter. J.W. Cole Advisors Inc. now owns 37,066 shares of the company’s stock worth $3,366,000 after buying an additional 254 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $88.20 on Thursday. The firm has a market capitalization of $8.59 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $79.70 and a fifty-two week high of $94.23. The stock’s fifty day moving average is $90.30 and its two-hundred day moving average is $89.17.

First Trust Capital Strength ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.4043 per share. The ex-dividend date was Friday, December 13th.

First Trust Capital Strength ETF 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).