First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Raymond James & Associates

Raymond James & Associates lessened its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,641,678 shares of the company’s stock after selling 3,858 shares during the period. Raymond James & Associates owned approximately 2.51% of First Trust Capital Strength ETF worth $226,260,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of FTCS. CENTRAL TRUST Co purchased a new position in shares of First Trust Capital Strength ETF in the third quarter worth about $26,000. Mather Group LLC. acquired a new stake in First Trust Capital Strength ETF during the 1st quarter valued at approximately $34,000. Hexagon Capital Partners LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 4th quarter valued at $44,000. EdgeRock Capital LLC acquired a new stake in shares of First Trust Capital Strength ETF in the fourth quarter worth $61,000. Finally, Anchor Investment Management LLC acquired a new stake in shares of First Trust Capital Strength ETF in the fourth quarter worth $64,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS traded down $0.22 on Friday, reaching $82.21. 251,062 shares of the company’s stock traded hands, compared to its average volume of 347,856. First Trust Capital Strength ETF has a fifty-two week low of $70.91 and a fifty-two week high of $85.89. The firm has a market cap of $8.64 billion, a price-to-earnings ratio of 21.13 and a beta of 0.86. The stock has a 50 day moving average price of $83.76 and a 200-day moving average price of $80.07.

First Trust Capital Strength ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.2247 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.09%.

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).