Moloney Securities Asset Management LLC Sells 452 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Moloney Securities Asset Management LLC cut its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,298 shares of the company’s stock after selling 452 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in First Trust Capital Strength ETF were worth $2,388,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FTCS. Kingswood Wealth Advisors LLC raised its stake in shares of First Trust Capital Strength ETF by 0.3% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock worth $3,603,000 after acquiring an additional 122 shares in the last quarter. Clarity Capital Partners LLC boosted its holdings in First Trust Capital Strength ETF by 4.3% during the first quarter. Clarity Capital Partners LLC now owns 3,121 shares of the company’s stock worth $267,000 after buying an additional 128 shares in the last quarter. SRS Capital Advisors Inc. grew its position in First Trust Capital Strength ETF by 0.8% during the second quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock valued at $1,437,000 after buying an additional 138 shares during the period. Herold Advisors Inc. raised its position in shares of First Trust Capital Strength ETF by 1.6% in the second quarter. Herold Advisors Inc. now owns 9,033 shares of the company’s stock worth $759,000 after acquiring an additional 139 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of First Trust Capital Strength ETF by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 9,428 shares of the company’s stock worth $856,000 after acquiring an additional 155 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.2 %

Shares of FTCS opened at $89.40 on Tuesday. The firm has a market cap of $8.82 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 12 month low of $74.33 and a 12 month high of $93.05. The stock’s 50 day moving average is $90.53 and its two-hundred day moving average is $86.75.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.2566 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 annualized dividend and a dividend yield of 1.15%.

First Trust Capital Strength ETF 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).