Main Street Financial Solutions LLC Sells 963 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Main Street Financial Solutions LLC decreased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 14.8% during the third quarter, Holdings Channel.com reports. The fund owned 5,557 shares of the company’s stock after selling 963 shares during the quarter. Main Street Financial Solutions LLC’s holdings in First Trust Capital Strength ETF were worth $505,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Davis Capital Management bought a new position in First Trust Capital Strength ETF during the 2nd quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $29,000. Asset Dedication LLC bought a new stake in First Trust Capital Strength ETF in the second quarter valued at $31,000. EverSource Wealth Advisors LLC bought a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter valued at about $32,000. Finally, Headlands Technologies LLC bought a new position in shares of First Trust Capital Strength ETF in the 1st quarter worth approximately $33,000.

First Trust Capital Strength ETF Trading Down 0.9 %

Shares of First Trust Capital Strength ETF stock opened at $91.49 on Friday. The business has a fifty day simple moving average of $90.76 and a two-hundred day simple moving average of $87.19. The firm has a market capitalization of $9.03 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 12 month low of $75.54 and a 12 month high of $93.12.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.2566 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 annualized dividend and a dividend yield of 1.12%.

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).