Flagstar Advisors Inc. Reduces Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Flagstar Advisors Inc. lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 11.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,242 shares of the company’s stock after selling 289 shares during the quarter. Flagstar Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $204,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in First Trust Capital Strength ETF by 8,647.9% during the 3rd quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock valued at $283,718,000 after acquiring an additional 3,088,928 shares during the period. Cetera Investment Advisers boosted its stake in shares of First Trust Capital Strength ETF by 195.0% during the first quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock valued at $133,955,000 after purchasing an additional 1,033,794 shares during the period. Cetera Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 51.0% in the first quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after purchasing an additional 291,774 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in First Trust Capital Strength ETF by 5.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock worth $286,344,000 after buying an additional 190,799 shares during the period. Finally, Kowal Investment Group LLC increased its stake in First Trust Capital Strength ETF by 24.6% in the 2nd quarter. Kowal Investment Group LLC now owns 610,585 shares of the company’s stock worth $51,314,000 after buying an additional 120,675 shares during the period.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $92.82 on Friday. The stock has a market cap of $9.16 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The firm has a 50-day moving average of $91.05 and a two-hundred day moving average of $87.62. First Trust Capital Strength ETF has a 1 year low of $76.60 and a 1 year high of $93.12.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.2566 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.11%.

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).