Thoroughbred Financial Services LLC Sells 1,433 Shares of First Trust Capital Strength ETF $FTCS

Thoroughbred Financial Services LLC decreased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 12.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,635 shares of the company’s stock after selling 1,433 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in First Trust Capital Strength ETF were worth $875,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. LPL Financial LLC boosted its holdings in shares of First Trust Capital Strength ETF by 1.6% during the 1st quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock valued at $687,036,000 after purchasing an additional 121,726 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of First Trust Capital Strength ETF by 503.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after acquiring an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers bought a new stake in First Trust Capital Strength ETF in the first quarter worth $131,493,000. Truist Financial Corp lifted its position in First Trust Capital Strength ETF by 0.4% during the second quarter. Truist Financial Corp now owns 571,494 shares of the company’s stock valued at $51,943,000 after purchasing an additional 2,171 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its stake in shares of First Trust Capital Strength ETF by 5.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 441,872 shares of the company’s stock worth $40,162,000 after buying an additional 24,798 shares in the last quarter.

First Trust Capital Strength ETF Trading Down 0.6%

FTCS opened at $91.69 on Monday. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $94.37. The stock has a 50-day moving average of $92.62 and a 200 day moving average of $91.70. The firm has a market cap of $8.21 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. Shareholders of record on Thursday, September 25th were given a $0.2527 dividend. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.01 annualized dividend and a yield of 1.1%.

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).