Traction Financial Partners LLC Trims Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Traction Financial Partners LLC reduced its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 11.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,347 shares of the company’s stock after selling 785 shares during the quarter. Traction Financial Partners LLC’s holdings in First Trust Capital Strength ETF were worth $557,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kestra Investment Management LLC purchased a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at approximately $38,000. Stephens Consulting LLC lifted its stake in First Trust Capital Strength ETF by 20.7% during the fourth quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after purchasing an additional 183 shares during the last quarter. Thompson Investment Management Inc. bought a new position in First Trust Capital Strength ETF during the fourth quarter worth $116,000. EP Wealth Advisors LLC bought a new position in First Trust Capital Strength ETF during the third quarter worth $123,000. Finally, Blue Trust Inc. lifted its stake in First Trust Capital Strength ETF by 2,593.6% during the fourth quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock worth $185,000 after purchasing an additional 2,023 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of FTCS opened at $89.40 on Tuesday. The business’s fifty day moving average price is $89.12 and its 200 day moving average price is $89.95. First Trust Capital Strength ETF has a 12-month low of $81.16 and a 12-month high of $94.23. The stock has a market capitalization of $8.80 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.4043 per share. The ex-dividend date of this dividend was Friday, December 13th.

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).