Cottonwood Capital Advisors LLC Trims Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Cottonwood Capital Advisors LLC lowered its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 7.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 20,637 shares of the company’s stock after selling 1,580 shares during the quarter. First Trust Capital Strength ETF comprises about 1.3% of Cottonwood Capital Advisors LLC’s holdings, making the stock its 23rd biggest position. Cottonwood Capital Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $1,812,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in FTCS. EverSource Wealth Advisors LLC bought a new stake in First Trust Capital Strength ETF during the second quarter valued at about $32,000. Bank of Montreal Can raised its stake in First Trust Capital Strength ETF by 34,138.5% during the 2nd quarter. Bank of Montreal Can now owns 13,353 shares of the company’s stock valued at $1,144,000 after purchasing an additional 13,314 shares during the period. Creative Planning lifted its holdings in First Trust Capital Strength ETF by 2.8% in the 2nd quarter. Creative Planning now owns 33,079 shares of the company’s stock worth $2,780,000 after purchasing an additional 893 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in First Trust Capital Strength ETF by 2.0% in the 2nd quarter. Regal Investment Advisors LLC now owns 225,739 shares of the company’s stock worth $18,971,000 after purchasing an additional 4,453 shares during the period. Finally, Gateway Wealth Partners LLC grew its holdings in First Trust Capital Strength ETF by 24.2% during the 2nd quarter. Gateway Wealth Partners LLC now owns 102,652 shares of the company’s stock valued at $8,627,000 after buying an additional 19,978 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

FTCS stock opened at $89.93 on Friday. The company’s fifty day moving average price is $89.95 and its 200-day moving average price is $89.42. First Trust Capital Strength ETF has a one year low of $80.59 and a one year high of $94.23. The company has a market capitalization of $8.89 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

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

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).