Twin Peaks Wealth Advisors LLC Sells 2,982 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Twin Peaks Wealth Advisors LLC reduced its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 12.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,943 shares of the company’s stock after selling 2,982 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $1,902,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Davis Capital Management purchased a new position in First Trust Capital Strength ETF in the 2nd quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of First Trust Capital Strength ETF during the third quarter valued at $29,000. Asset Dedication LLC purchased a new stake in shares of First Trust Capital Strength ETF during the second quarter valued at $31,000. EverSource Wealth Advisors LLC bought a new stake in First Trust Capital Strength ETF in the 2nd quarter worth about $32,000. Finally, Headlands Technologies LLC purchased a new position in First Trust Capital Strength ETF in the 1st quarter worth about $33,000.

First Trust Capital Strength ETF Stock Up 0.4 %

Shares of NASDAQ FTCS traded up $0.37 during trading on Wednesday, reaching $90.18. 24,710 shares of the company traded hands, compared to its average volume of 308,641. The firm has a 50 day simple moving average of $90.51 and a 200-day simple moving average of $86.53. First Trust Capital Strength ETF has a 52-week low of $72.06 and a 52-week high of $93.05. The stock has a market capitalization of $8.91 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 annualized dividend and a yield of 1.14%. The ex-dividend date was Thursday, September 26th.

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).