Citadel Advisors LLC Trims Stake in First Trust Capital Strength ETF $FTCS

Citadel Advisors LLC lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 17.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,947 shares of the company’s stock after selling 6,188 shares during the quarter. Citadel Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $2,719,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eastern Bank bought a new position in First Trust Capital Strength ETF in the 2nd quarter worth about $27,000. Caitlin John LLC boosted its position in shares of First Trust Capital Strength ETF by 288.0% during the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock valued at $27,000 after acquiring an additional 216 shares during the last quarter. BOKF NA purchased a new position in shares of First Trust Capital Strength ETF during the third quarter worth about $28,000. EverSource Wealth Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 140.0% in the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after purchasing an additional 175 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of FTCS opened at $97.97 on Wednesday. The firm’s 50 day simple moving average is $99.01 and its 200 day simple moving average is $95.82. The company has a market capitalization of $7.77 billion, a P/E ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1-year low of $89.76 and a 1-year high of $102.93.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.2636 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.05 annualized dividend and a dividend yield of 1.1%.

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