Thoroughbred Financial Services LLC Reduces Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Thoroughbred Financial Services LLC lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,182 shares of the company’s stock after selling 437 shares during the period. Thoroughbred Financial Services LLC’s holdings in First Trust Capital Strength ETF were worth $982,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FTCS. Tcfg Wealth Management LLC raised its stake in First Trust Capital Strength ETF by 0.4% in the 4th quarter. Tcfg Wealth Management LLC now owns 32,202 shares of the company’s stock valued at $2,828,000 after purchasing an additional 115 shares during the last quarter. Moors & Cabot Inc. raised its position in shares of First Trust Capital Strength ETF by 2.7% in the fourth quarter. Moors & Cabot Inc. now owns 4,720 shares of the company’s stock valued at $414,000 after buying an additional 122 shares during the last quarter. Tyler Stone Wealth Management lifted its stake in shares of First Trust Capital Strength ETF by 1.1% during the fourth quarter. Tyler Stone Wealth Management now owns 11,923 shares of the company’s stock valued at $1,047,000 after buying an additional 134 shares during the period. Focus Financial Network Inc. boosted its position in First Trust Capital Strength ETF by 1.4% during the fourth quarter. Focus Financial Network Inc. now owns 10,853 shares of the company’s stock worth $953,000 after acquiring an additional 154 shares during the last quarter. Finally, Keybank National Association OH grew its stake in First Trust Capital Strength ETF by 6.5% in the 4th quarter. Keybank National Association OH now owns 2,717 shares of the company’s stock worth $239,000 after acquiring an additional 166 shares during the period.

First Trust Capital Strength ETF Stock Down 5.2 %

Shares of First Trust Capital Strength ETF stock opened at $83.97 on Friday. The firm has a market cap of $7.99 billion, a PE ratio of 23.46 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $81.16 and a fifty-two week high of $94.23. The business’s fifty day moving average is $89.55 and its two-hundred day moving average is $90.13.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.2159 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date was Thursday, March 27th.

First Trust Capital Strength ETF Company 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).