Stonebridge Financial Planning Group LLC Sells 5,854 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Stonebridge Financial Planning Group LLC lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 22.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,164 shares of the company’s stock after selling 5,854 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in First Trust Capital Strength ETF were worth $1,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mendel Capital Management LLC raised its stake in shares of First Trust Capital Strength ETF by 24.1% during the fourth quarter. Mendel Capital Management LLC now owns 3,746 shares of the company’s stock valued at $300,000 after acquiring an additional 728 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in First Trust Capital Strength ETF by 7.1% in the third quarter. Integrated Wealth Concepts LLC now owns 131,718 shares of the company’s stock worth $9,698,000 after buying an additional 8,784 shares in the last quarter. Triumph Capital Management lifted its holdings in First Trust Capital Strength ETF by 18.2% during the third quarter. Triumph Capital Management now owns 51,607 shares of the company’s stock worth $3,800,000 after buying an additional 7,951 shares during the period. Dynamic Advisor Solutions LLC boosted its position in First Trust Capital Strength ETF by 42.7% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 81,141 shares of the company’s stock valued at $6,452,000 after acquiring an additional 24,262 shares in the last quarter. Finally, ABLE Financial Group LLC increased its holdings in shares of First Trust Capital Strength ETF by 1.6% in the 4th quarter. ABLE Financial Group LLC now owns 214,529 shares of the company’s stock valued at $17,171,000 after acquiring an additional 3,444 shares during the period.

First Trust Capital Strength ETF Stock Performance

FTCS traded down $0.93 on Tuesday, hitting $81.61. The company had a trading volume of 308,081 shares, compared to its average volume of 345,949. The stock has a market capitalization of $8.56 billion, a price-to-earnings ratio of 21.13 and a beta of 0.86. The stock has a fifty day moving average price of $83.77 and a 200-day moving average price of $80.20. First Trust Capital Strength ETF has a 12-month low of $70.91 and a 12-month high of $85.89.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders 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 annualized dividend and a yield of 1.10%.

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).