First Trust Capital Strength ETF $FTCS Shares Sold by KPP Advisory Services LLC

KPP Advisory Services LLC reduced its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 44.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 46,679 shares of the company’s stock after selling 37,093 shares during the quarter. KPP Advisory Services LLC owned 0.05% of First Trust Capital Strength ETF worth $4,371,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE boosted its position in shares of First Trust Capital Strength ETF by 1.5% during the second quarter. Bank of America Corp DE now owns 1,714,227 shares of the company’s stock worth $155,806,000 after buying an additional 25,024 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of First Trust Capital Strength ETF by 2.4% in the second quarter. Ameriprise Financial Inc. now owns 975,950 shares of the company’s stock valued at $88,750,000 after purchasing an additional 22,849 shares in the last quarter. Truist Financial Corp increased its stake in First Trust Capital Strength ETF by 0.4% during the 2nd quarter. Truist Financial Corp now owns 571,494 shares of the company’s stock worth $51,943,000 after buying an additional 2,171 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in First Trust Capital Strength ETF by 3.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 455,404 shares of the company’s stock worth $42,644,000 after buying an additional 13,532 shares in the last quarter. Finally, Silver Oak Securities Incorporated grew its stake in shares of First Trust Capital Strength ETF by 1.8% in the third quarter. Silver Oak Securities Incorporated now owns 438,255 shares of the company’s stock worth $41,038,000 after acquiring an additional 7,944 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.3%

Shares of NASDAQ FTCS opened at $96.31 on Tuesday. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $96.50. The stock has a market cap of $8.26 billion, a P/E ratio of 21.51 and a beta of 0.80. The business’s fifty day simple moving average is $93.35 and its 200-day simple moving average is $92.70.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.2607 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th.

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