First Trust Capital Strength ETF $FTCS Stock Position Reduced by Triumph Capital Management

Triumph Capital Management reduced its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 48.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,071 shares of the company’s stock after selling 43,734 shares during the period. Triumph Capital Management owned about 0.06% of First Trust Capital Strength ETF worth $4,418,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of FTCS. Investors Research Corp purchased a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter valued at $16,354,000. Bank Hapoalim BM acquired a new position in First Trust Capital Strength ETF during the 4th quarter worth about $14,709,000. Rothschild Wealth LLC acquired a new position in First Trust Capital Strength ETF during the 4th quarter worth about $8,505,000. NI Acquisitions Company LLC purchased a new position in First Trust Capital Strength ETF during the 2nd quarter valued at about $8,494,000. Finally, Gateway Wealth Partners LLC boosted its holdings in First Trust Capital Strength ETF by 99.2% during the 1st quarter. Gateway Wealth Partners LLC now owns 169,052 shares of the company’s stock valued at $15,681,000 after acquiring an additional 84,185 shares during the period.

First Trust Capital Strength ETF Stock Up 1.3%

NASDAQ FTCS traded up $1.21 during trading on Wednesday, hitting $97.52. The stock had a trading volume of 627,221 shares, compared to its average volume of 527,351. The company has a market capitalization of $7.64 billion, a PE ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a twelve month low of $89.76 and a twelve month high of $102.93. The firm has a 50 day moving average price of $98.18 and a 200 day moving average price of $95.77.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.3332 dividend. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. The ex-dividend date 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.