Main Street Financial Solutions LLC Lowers Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Main Street Financial Solutions LLC lowered its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 14.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,557 shares of the company’s stock after selling 963 shares during the period. Main Street Financial Solutions LLC’s holdings in First Trust Capital Strength ETF were worth $505,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Kovack Advisors Inc. lifted its position in First Trust Capital Strength ETF by 4.5% in the 3rd quarter. Kovack Advisors Inc. now owns 8,701 shares of the company’s stock worth $790,000 after buying an additional 371 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of First Trust Capital Strength ETF by 2.6% during the third quarter. Oppenheimer & Co. Inc. now owns 146,333 shares of the company’s stock worth $13,287,000 after acquiring an additional 3,768 shares in the last quarter. Savvy Advisors Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 6.6% in the 3rd quarter. Savvy Advisors Inc. now owns 12,764 shares of the company’s stock worth $1,159,000 after acquiring an additional 793 shares during the last quarter. Proactive Wealth Strategies LLC bought a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $582,000. Finally, Harbour Investments Inc. raised its position in First Trust Capital Strength ETF by 3.1% in the 3rd quarter. Harbour Investments Inc. now owns 622,696 shares of the company’s stock worth $56,541,000 after purchasing an additional 18,569 shares during the period.

First Trust Capital Strength ETF Stock Down 0.9 %

First Trust Capital Strength ETF stock opened at $91.49 on Friday. The firm has a fifty day simple moving average of $90.76 and a two-hundred day simple moving average of $87.19. First Trust Capital Strength ETF has a twelve month low of $75.54 and a twelve month high of $93.12. The company has a market capitalization of $9.03 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.2566 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.03 annualized dividend and a yield of 1.12%.

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).