HFG Advisors Inc. Sells 257 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

HFG Advisors Inc. trimmed its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.3% in the first quarter, HoldingsChannel reports. The firm owned 19,956 shares of the company’s stock after selling 257 shares during the quarter. First Trust Capital Strength ETF accounts for about 1.5% of HFG Advisors Inc.’s holdings, making the stock its 21st largest holding. HFG Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $1,789,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moors & Cabot Inc. grew its position in shares of First Trust Capital Strength ETF by 2.7% during the 4th quarter. Moors & Cabot Inc. now owns 4,720 shares of the company’s stock valued at $414,000 after acquiring an additional 122 shares during the period. Tyler Stone Wealth Management lifted its stake in First Trust Capital Strength ETF by 1.1% in the fourth quarter. Tyler Stone Wealth Management now owns 11,923 shares of the company’s stock valued at $1,047,000 after purchasing an additional 134 shares during the last quarter. Capital Square LLC raised its stake in shares of First Trust Capital Strength ETF by 1.6% in the fourth quarter. Capital Square LLC now owns 8,763 shares of the company’s stock valued at $788,000 after buying an additional 138 shares during the period. REAP Financial Group LLC lifted its position in shares of First Trust Capital Strength ETF by 2.2% during the 4th quarter. REAP Financial Group LLC now owns 7,172 shares of the company’s stock valued at $630,000 after buying an additional 153 shares during the last quarter. Finally, Keybank National Association OH lifted its position in shares of First Trust Capital Strength ETF by 6.5% during the 4th quarter. Keybank National Association OH now owns 2,717 shares of the company’s stock valued at $239,000 after buying an additional 166 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS opened at $89.30 on Wednesday. The business has a 50-day moving average of $89.23 and a 200 day moving average of $89.18. First Trust Capital Strength ETF has a fifty-two week low of $80.66 and a fifty-two week high of $94.23. The firm has a market cap of $8.34 billion, a P/E ratio of 22.61 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.2159 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 0.97%.

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).