First Trust Capital Strength ETF (NASDAQ:FTCS) Position Cut by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 56.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,677 shares of the company’s stock after selling 41,425 shares during the quarter. Bank of New York Mellon Corp’s holdings in First Trust Capital Strength ETF were worth $2,782,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Park National Corp OH raised its position in shares of First Trust Capital Strength ETF by 0.5% during the fourth quarter. Park National Corp OH now owns 481,410 shares of the company’s stock worth $42,277,000 after purchasing an additional 2,615 shares during the period. MML Investors Services LLC raised its stake in First Trust Capital Strength ETF by 1.1% during the 3rd quarter. MML Investors Services LLC now owns 445,457 shares of the company’s stock valued at $40,447,000 after purchasing an additional 4,642 shares during the period. Silver Oak Securities Incorporated lifted its stake in First Trust Capital Strength ETF by 1.1% in the 4th quarter. Silver Oak Securities Incorporated now owns 431,309 shares of the company’s stock worth $37,830,000 after acquiring an additional 4,722 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in First Trust Capital Strength ETF by 6.0% during the 4th quarter. Concurrent Investment Advisors LLC now owns 369,836 shares of the company’s stock valued at $32,479,000 after acquiring an additional 20,843 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of First Trust Capital Strength ETF by 4.6% in the 4th quarter. D.A. Davidson & CO. now owns 351,245 shares of the company’s stock valued at $30,846,000 after purchasing an additional 15,419 shares during the period.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $88.42 on Friday. The firm’s 50 day moving average price is $89.57 and its two-hundred day moving average price is $90.22. The firm has a market cap of $8.44 billion, a PE ratio of 23.46 and a beta of 0.85. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23.

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).