First Trust Capital Strength ETF $FTCS Shares Sold by PFG Advisors

PFG Advisors trimmed its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 17.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,476 shares of the company’s stock after selling 20,182 shares during the quarter. PFG Advisors owned about 0.10% of First Trust Capital Strength ETF worth $8,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Goldman Sachs Group Inc. grew its position in First Trust Capital Strength ETF by 503.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after buying an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of First Trust Capital Strength ETF in the 1st quarter worth $131,493,000. Jones Financial Companies Lllp boosted its holdings in shares of First Trust Capital Strength ETF by 74.0% in the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock valued at $38,148,000 after acquiring an additional 183,074 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its stake in shares of First Trust Capital Strength ETF by 78.9% during the second quarter. Vestmark Advisory Solutions Inc. now owns 322,546 shares of the company’s stock worth $29,316,000 after acquiring an additional 142,229 shares during the period. Finally, LPL Financial LLC raised its holdings in First Trust Capital Strength ETF by 1.6% during the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock worth $687,036,000 after purchasing an additional 121,726 shares in the last quarter.

First Trust Capital Strength ETF Stock Up 0.9%

Shares of NASDAQ:FTCS opened at $91.34 on Friday. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $94.37. The company has a 50-day moving average price of $92.72 and a 200 day moving average price of $91.51. The company has a market cap of $8.18 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a dividend of $0.2527 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, September 25th.

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).