International Assets Investment Management LLC Reduces Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

International Assets Investment Management LLC cut its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 98.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,913 shares of the company’s stock after selling 3,084,734 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Capital Strength ETF were worth $3,488,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FTCS. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of First Trust Capital Strength ETF during the third quarter worth $29,000. Asset Dedication LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $31,000. EverSource Wealth Advisors LLC purchased a new position in shares of First Trust Capital Strength ETF during the 2nd quarter valued at approximately $32,000. ORG Partners LLC purchased a new stake in First Trust Capital Strength ETF during the third quarter worth $64,000. Finally, Pinnacle Bancorp Inc. grew its position in First Trust Capital Strength ETF by 39.1% during the third quarter. Pinnacle Bancorp Inc. now owns 1,188 shares of the company’s stock valued at $108,000 after buying an additional 334 shares during the period.

First Trust Capital Strength ETF Stock Down 0.2 %

Shares of First Trust Capital Strength ETF stock traded down $0.16 on Wednesday, reaching $86.92. The company’s stock had a trading volume of 57,587 shares, compared to its average volume of 271,190. The company has a market capitalization of $8.48 billion, a P/E ratio of 21.52 and a beta of 0.86. The stock has a 50-day moving average price of $90.61 and a 200-day moving average price of $89.09. First Trust Capital Strength ETF has a 52-week low of $79.42 and a 52-week high of $94.23.

First Trust Capital Strength ETF Announces Dividend

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

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).