Triumph Capital Management Sells 43,734 Shares of First Trust Capital Strength ETF $FTCS

Triumph Capital Management cut its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 48.2% in the third quarter, HoldingsChannel reports. The firm owned 47,071 shares of the company’s stock after selling 43,734 shares during the quarter. Triumph Capital Management’s holdings in First Trust Capital Strength ETF were worth $4,418,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of FTCS. Kestra Advisory Services LLC increased its holdings in First Trust Capital Strength ETF by 4.4% during the 1st quarter. Kestra Advisory Services LLC now owns 400,906 shares of the company’s stock worth $37,188,000 after purchasing an additional 16,831 shares during the period. D.A. Davidson & CO. raised its position in First Trust Capital Strength ETF by 0.4% in the 1st quarter. D.A. Davidson & CO. now owns 279,819 shares of the company’s stock valued at $25,956,000 after purchasing an additional 1,147 shares in the last quarter. Scarborough Advisors LLC raised its position in First Trust Capital Strength ETF by 2.0% in the 1st quarter. Scarborough Advisors LLC now owns 261,092 shares of the company’s stock valued at $24,219,000 after purchasing an additional 5,037 shares in the last quarter. Heck Capital Advisors LLC raised its position in First Trust Capital Strength ETF by 2.2% in the 2nd quarter. Heck Capital Advisors LLC now owns 187,487 shares of the company’s stock valued at $17,609,000 after purchasing an additional 4,093 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of First Trust Capital Strength ETF by 10.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 186,690 shares of the company’s stock valued at $17,271,000 after buying an additional 18,411 shares during the period.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS traded up $1.21 during midday trading on Wednesday, hitting $97.52. The company had a trading volume of 627,221 shares, compared to its average volume of 527,351. The company’s 50-day simple moving average is $98.18 and its 200-day simple moving average is $95.77. The firm has a market capitalization of $7.64 billion, a P/E ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $102.93.

First Trust Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a dividend of $0.3332 per share. The ex-dividend date was Thursday, September 24th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.4%.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.