Randall & Associates Wealth Management Sells 35,659 Shares of First Trust Capital Strength ETF $FTCS

Randall & Associates Wealth Management lessened its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 19.6% during the third quarter, Holdings Channel reports. The fund owned 146,138 shares of the company’s stock after selling 35,659 shares during the period. First Trust Capital Strength ETF comprises 8.2% of Randall & Associates Wealth Management’s holdings, making the stock its 5th biggest holding. Randall & Associates Wealth Management’s holdings in First Trust Capital Strength ETF were worth $13,715,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Eastern Bank purchased a new stake in First Trust Capital Strength ETF during the second quarter valued at about $27,000. Mather Group LLC. purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $30,000. Main Street Group LTD purchased a new position in shares of First Trust Capital Strength ETF in the 1st quarter worth about $46,000. Signature Equity Partners LLC bought a new position in shares of First Trust Capital Strength ETF during the 1st quarter valued at about $46,000. Finally, CoreCap Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 34.8% during the 3rd quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock valued at $51,000 after purchasing an additional 141 shares during the last quarter.

First Trust Capital Strength ETF Trading Up 0.9%

Shares of First Trust Capital Strength ETF stock opened at $99.94 on Wednesday. The firm has a market capitalization of $7.77 billion, a PE ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 12 month low of $89.76 and a 12 month high of $102.93. The business’s 50-day moving average price is $98.05 and its 200-day moving average price is $96.01.

First Trust Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.3332 dividend. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 24th.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.