First Trust Capital Strength ETF (NASDAQ:FTCS) Stake Decreased by KPP Advisory Services LLC

KPP Advisory Services LLC trimmed its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 21.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,933 shares of the company’s stock after selling 22,301 shares during the quarter. First Trust Capital Strength ETF comprises 1.8% of KPP Advisory Services LLC’s portfolio, making the stock its 11th largest holding. KPP Advisory Services LLC owned about 0.08% of First Trust Capital Strength ETF worth $7,439,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in shares of First Trust Capital Strength ETF during the first quarter valued at about $33,000. Russell Investments Group Ltd. acquired a new stake in shares of First Trust Capital Strength ETF in the 1st quarter worth approximately $122,000. Orion Portfolio Solutions LLC lifted its stake in shares of First Trust Capital Strength ETF by 7.6% in the 1st quarter. Orion Portfolio Solutions LLC now owns 22,592 shares of the company’s stock worth $1,935,000 after acquiring an additional 1,604 shares during the period. TIAA Trust National Association acquired a new position in shares of First Trust Capital Strength ETF during the first quarter valued at approximately $326,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of First Trust Capital Strength ETF during the first quarter valued at approximately $170,000.

First Trust Capital Strength ETF Stock Down 0.6 %

FTCS traded down $0.52 during trading on Friday, reaching $90.97. The stock had a trading volume of 232,038 shares, compared to its average volume of 307,079. The stock has a 50 day moving average of $90.85 and a two-hundred day moving average of $87.28. The firm has a market capitalization of $8.98 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 1-year low of $75.54 and a 1-year high of $93.12.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Thursday, September 26th.

First Trust Capital Strength ETF Company 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).