Advisory Alpha LLC Sells 113,761 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Advisory Alpha LLC lessened its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 70.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,021 shares of the company’s stock after selling 113,761 shares during the quarter. Advisory Alpha LLC’s holdings in First Trust Capital Strength ETF were worth $4,036,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Gateway Wealth Partners LLC increased its position in shares of First Trust Capital Strength ETF by 24.2% during the second quarter. Gateway Wealth Partners LLC now owns 102,652 shares of the company’s stock worth $8,627,000 after acquiring an additional 19,978 shares in the last quarter. Regal Investment Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 2.0% during the second quarter. Regal Investment Advisors LLC now owns 225,739 shares of the company’s stock worth $18,971,000 after acquiring an additional 4,453 shares in the last quarter. Creative Planning increased its position in shares of First Trust Capital Strength ETF by 2.8% during the second quarter. Creative Planning now owns 33,079 shares of the company’s stock worth $2,780,000 after acquiring an additional 893 shares in the last quarter. Bank of Montreal Can increased its position in shares of First Trust Capital Strength ETF by 34,138.5% during the second quarter. Bank of Montreal Can now owns 13,353 shares of the company’s stock worth $1,144,000 after acquiring an additional 13,314 shares in the last quarter. Finally, Delos Wealth Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 12.9% during the second quarter. Delos Wealth Advisors LLC now owns 28,746 shares of the company’s stock worth $2,416,000 after acquiring an additional 3,290 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.2 %

First Trust Capital Strength ETF stock opened at $90.80 on Tuesday. The company has a market cap of $9.14 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 1-year low of $71.11 and a 1-year high of $91.17. The company has a fifty day simple moving average of $88.43 and a 200 day simple moving average of $85.51.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, September 26th.

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).