City Holding Co. Cuts Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

City Holding Co. lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.5% in the fourth quarter, Holdings Channel reports. The fund owned 10,621 shares of the company’s stock after selling 500 shares during the period. City Holding Co.’s holdings in First Trust Capital Strength ETF were worth $933,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FTCS. GAMMA Investing LLC lifted its position in shares of First Trust Capital Strength ETF by 4.7% during the 4th quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock worth $818,000 after purchasing an additional 419 shares during the last quarter. Fisher Asset Management LLC purchased a new stake in First Trust Capital Strength ETF during the 3rd quarter worth about $249,000. Sequoia Financial Advisors LLC acquired a new position in shares of First Trust Capital Strength ETF during the 3rd quarter worth about $401,000. Truvestments Capital LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $2,714,000. Finally, Concurrent Investment Advisors LLC raised its position in shares of First Trust Capital Strength ETF by 18.8% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 348,993 shares of the company’s stock worth $31,689,000 after acquiring an additional 55,142 shares in the last quarter.

First Trust Capital Strength ETF Stock Up 0.1 %

FTCS stock opened at $89.09 on Tuesday. The business has a 50 day moving average price of $90.11 and a 200 day moving average price of $89.33. The stock has a market cap of $8.82 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $79.70 and a fifty-two week high of $94.23.

First Trust Capital Strength ETF Announces Dividend

The business 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 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).