Renaissance Technologies LLC Lowers Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Renaissance Technologies LLC lessened its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 89.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,500 shares of the company’s stock after selling 22,000 shares during the period. Renaissance Technologies LLC’s holdings in First Trust Capital Strength ETF were worth $210,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FTCS. Kingswood Wealth Advisors LLC grew its holdings in First Trust Capital Strength ETF by 0.3% in the second quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock worth $3,603,000 after purchasing an additional 122 shares during the period. First PREMIER Bank grew its stake in shares of First Trust Capital Strength ETF by 0.7% in the 1st quarter. First PREMIER Bank now owns 16,989 shares of the company’s stock worth $1,455,000 after buying an additional 125 shares during the last quarter. Clarity Capital Partners LLC increased its position in First Trust Capital Strength ETF by 4.3% during the 1st quarter. Clarity Capital Partners LLC now owns 3,121 shares of the company’s stock valued at $267,000 after buying an additional 128 shares in the last quarter. BlueChip Wealth Advisors LLC raised its stake in First Trust Capital Strength ETF by 0.4% during the first quarter. BlueChip Wealth Advisors LLC now owns 35,306 shares of the company’s stock valued at $3,024,000 after buying an additional 131 shares during the last quarter. Finally, SRS Capital Advisors Inc. raised its stake in First Trust Capital Strength ETF by 0.8% during the second quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock valued at $1,437,000 after buying an additional 138 shares during the last quarter.

First Trust Capital Strength ETF Trading Up 0.9 %

NASDAQ FTCS opened at $91.59 on Friday. First Trust Capital Strength ETF has a 12 month low of $71.11 and a 12 month high of $91.60. The stock’s fifty day moving average price is $89.29 and its 200-day moving average price is $85.90. The stock has a market cap of $9.07 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 1.12%. The ex-dividend date was Thursday, September 26th.

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).