First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. cut its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.8% during the 4th quarter, Holdings Channel reports. The firm owned 8,682 shares of the company’s stock after selling 941 shares during the period. Kovack Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $695,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Independent Wealth Network Inc. grew its holdings in shares of First Trust Capital Strength ETF by 1.9% during the fourth quarter. Independent Wealth Network Inc. now owns 7,082 shares of the company’s stock valued at $567,000 after buying an additional 131 shares in the last quarter. Firethorn Wealth Partners LLC grew its holdings in shares of First Trust Capital Strength ETF by 4.9% during the fourth quarter. Firethorn Wealth Partners LLC now owns 3,203 shares of the company’s stock valued at $256,000 after buying an additional 151 shares in the last quarter. Per Stirling Capital Management LLC. grew its holdings in shares of First Trust Capital Strength ETF by 0.5% during the third quarter. Per Stirling Capital Management LLC. now owns 36,722 shares of the company’s stock valued at $2,704,000 after buying an additional 185 shares in the last quarter. Mutual Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 1.0% during the fourth quarter. Mutual Advisors LLC now owns 19,634 shares of the company’s stock valued at $1,572,000 after buying an additional 204 shares in the last quarter. Finally, Triton Wealth Management PLLC grew its holdings in shares of First Trust Capital Strength ETF by 6.3% during the fourth quarter. Triton Wealth Management PLLC now owns 3,746 shares of the company’s stock valued at $299,000 after buying an additional 221 shares in the last quarter.

First Trust Capital Strength ETF Trading Down 0.3 %

Shares of FTCS stock opened at $82.21 on Friday. First Trust Capital Strength ETF has a 1-year low of $70.91 and a 1-year high of $85.89. The company has a market capitalization of $8.64 billion, a price-to-earnings ratio of 21.13 and a beta of 0.86. The stock’s fifty day simple moving average is $83.76 and its 200-day simple moving average is $80.10.

First Trust Capital Strength ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.2247 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a yield of 1.09%.

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).