First Trust Capital Strength ETF $FTCS Stock Sold by Dagco Inc.

Dagco Inc. trimmed its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 44.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,647 shares of the company’s stock after selling 18,455 shares during the quarter. Dagco Inc.’s holdings in First Trust Capital Strength ETF were worth $2,125,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. tru Independence LLC lifted its position in shares of First Trust Capital Strength ETF by 2.6% during the third quarter. tru Independence LLC now owns 204,291 shares of the company’s stock worth $19,173,000 after purchasing an additional 5,121 shares during the last quarter. Novem Group raised its stake in First Trust Capital Strength ETF by 2.7% during the third quarter. Novem Group now owns 6,918 shares of the company’s stock valued at $649,000 after buying an additional 183 shares in the last quarter. Capital Square LLC raised its stake in First Trust Capital Strength ETF by 6.6% during the third quarter. Capital Square LLC now owns 8,403 shares of the company’s stock valued at $789,000 after buying an additional 517 shares in the last quarter. Herold Advisors Inc. acquired a new stake in First Trust Capital Strength ETF during the third quarter valued at approximately $253,000. Finally, Independent Wealth Network Inc. lifted its holdings in First Trust Capital Strength ETF by 4.0% during the 3rd quarter. Independent Wealth Network Inc. now owns 14,136 shares of the company’s stock worth $1,327,000 after buying an additional 540 shares during the last quarter.

First Trust Capital Strength ETF Stock Up 0.7%

Shares of FTCS traded up $0.68 during mid-day trading on Tuesday, hitting $99.68. The stock had a trading volume of 272,415 shares, compared to its average volume of 524,098. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $102.93. The company has a market cap of $7.78 billion, a PE ratio of 21.51 and a beta of 0.70. The company’s fifty day simple moving average is $98.06 and its two-hundred day simple moving average is $95.96.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.3332 dividend. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 24th.

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.