Retirement Guys Formula LLC Trims Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Retirement Guys Formula LLC cut its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,485 shares of the company’s stock after selling 209 shares during the quarter. Retirement Guys Formula LLC’s holdings in First Trust Capital Strength ETF were worth $498,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Cyndeo Wealth Partners LLC purchased a new position in shares of First Trust Capital Strength ETF during the third quarter worth $477,000. Cedrus LLC grew its position in shares of First Trust Capital Strength ETF by 13.9% in the third quarter. Cedrus LLC now owns 121,070 shares of the company’s stock valued at $10,993,000 after purchasing an additional 14,756 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in First Trust Capital Strength ETF during the third quarter worth about $369,000. Secure Asset Management LLC boosted its position in First Trust Capital Strength ETF by 3.1% during the third quarter. Secure Asset Management LLC now owns 46,960 shares of the company’s stock worth $4,264,000 after acquiring an additional 1,405 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in First Trust Capital Strength ETF by 2.2% in the 3rd quarter. Global Retirement Partners LLC now owns 32,885 shares of the company’s stock valued at $2,986,000 after purchasing an additional 714 shares during the last quarter.

First Trust Capital Strength ETF Trading Down 0.6 %

FTCS traded down $0.54 during trading hours on Monday, hitting $92.19. 135,442 shares of the company’s stock were exchanged, compared to its average volume of 313,014. The firm has a market cap of $9.13 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 $71.11 and a 12-month high of $93.05. The firm has a 50 day moving average of $90.02 and a 200 day moving average of $86.17.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 1.11%. The ex-dividend date was Thursday, September 26th.

About First Trust Capital Strength ETF

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).