Sigma Planning Corp Sells 10,742 Shares of First Trust Capital Strength ETF $FTCS

Sigma Planning Corp decreased its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 19.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 45,170 shares of the company’s stock after selling 10,742 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Capital Strength ETF were worth $4,230,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in FTCS. American Financial Advisors LLC boosted its position in shares of First Trust Capital Strength ETF by 2.8% during the third quarter. American Financial Advisors LLC now owns 378,332 shares of the company’s stock valued at $35,427,000 after buying an additional 10,294 shares during the last quarter. Bank of Montreal Can raised its position in First Trust Capital Strength ETF by 547.1% in the 2nd quarter. Bank of Montreal Can now owns 660 shares of the company’s stock valued at $60,000 after buying an additional 558 shares during the last quarter. Randall & Associates Wealth Management lifted its stake in First Trust Capital Strength ETF by 4.9% during the 3rd quarter. Randall & Associates Wealth Management now owns 272,526 shares of the company’s stock valued at $25,519,000 after acquiring an additional 12,783 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in First Trust Capital Strength ETF by 14.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 100,380 shares of the company’s stock worth $9,400,000 after acquiring an additional 13,014 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of First Trust Capital Strength ETF by 76.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 53,051 shares of the company’s stock worth $4,822,000 after acquiring an additional 22,966 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

FTCS opened at $98.06 on Monday. The company’s 50-day moving average is $95.52 and its 200 day moving average is $93.57. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $99.21. The firm has a market capitalization of $8.39 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

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

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