First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC lowered its holdings in First Trust Capital Strength ETF (NASDAQ:FTCSFree Report) by 21.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,589 shares of the company’s stock after selling 1,788 shares during the period. Insigneo Advisory Services LLC’s holdings in First Trust Capital Strength ETF were worth $579,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FTCS. GAMMA Investing LLC boosted its position in First Trust Capital Strength ETF by 4.7% during the 4th quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock valued at $818,000 after purchasing an additional 419 shares during the period. Blue Trust Inc. boosted its holdings in shares of 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 valued at $185,000 after acquiring an additional 2,023 shares during the period. US Bancorp DE grew its position in shares of First Trust Capital Strength ETF by 7.5% during the fourth quarter. US Bancorp DE now owns 10,880 shares of the company’s stock worth $955,000 after acquiring an additional 761 shares during the last quarter. Allworth Financial LP increased its holdings in shares of First Trust Capital Strength ETF by 3.1% in the 4th quarter. Allworth Financial LP now owns 8,991 shares of the company’s stock worth $807,000 after acquiring an additional 267 shares during the period. Finally, Wealthfront Advisers LLC bought a new stake in First Trust Capital Strength ETF in the 4th quarter valued at about $59,656,000.

First Trust Capital Strength ETF Trading Up 0.8 %

NASDAQ FTCS opened at $86.56 on Friday. The company has a 50-day moving average price of $88.46 and a two-hundred day moving average price of $89.73. First Trust Capital Strength ETF has a 52 week low of $80.66 and a 52 week high of $94.23. The stock has a market cap of $8.25 billion, a price-to-earnings ratio of 22.18 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.2159 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend was Thursday, March 27th.

About First Trust Capital Strength ETF

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for First Trust Capital Strength ETF (NASDAQ:FTCS)

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