First Trust Capital Strength ETF $FTCS Stock Position Trimmed by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. cut its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 7.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 95,340 shares of the company’s stock after selling 7,608 shares during the quarter. Great Valley Advisor Group Inc. owned about 0.11% of First Trust Capital Strength ETF worth $8,820,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FTCS. AQR Capital Management LLC lifted its position in First Trust Capital Strength ETF by 93.9% in the 1st quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock valued at $510,000 after purchasing an additional 2,755 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares during the last quarter. First Trust Advisors LP lifted its position in First Trust Capital Strength ETF by 43.3% in the 2nd quarter. First Trust Advisors LP now owns 16,738 shares of the company’s stock valued at $1,521,000 after purchasing an additional 5,054 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in First Trust Capital Strength ETF by 491.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 68,187 shares of the company’s stock valued at $6,198,000 after purchasing an additional 56,664 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in First Trust Capital Strength ETF in the 2nd quarter valued at about $511,000.

First Trust Capital Strength ETF Trading Up 0.6%

First Trust Capital Strength ETF stock opened at $94.16 on Friday. The stock has a market cap of $7.89 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. The company’s 50-day moving average price is $93.39 and its two-hundred day moving average price is $94.39. First Trust Capital Strength ETF has a 52 week low of $88.70 and a 52 week high of $99.74.

First Trust Capital Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.2873 per share. This represents a $1.15 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 26th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

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