Private Advisor Group LLC Has $99.35 Million Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Private Advisor Group LLC decreased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 10.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,094,212 shares of the company’s stock after selling 123,590 shares during the quarter. First Trust Capital Strength ETF comprises 0.6% of Private Advisor Group LLC’s investment portfolio, making the stock its 24th largest holding. Private Advisor Group LLC owned 1.11% of First Trust Capital Strength ETF worth $99,354,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust Capital Strength ETF by 5.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock worth $286,344,000 after buying an additional 190,799 shares during the last quarter. Cetera Investment Advisers lifted its holdings in First Trust Capital Strength ETF by 195.0% in the 1st quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock worth $133,955,000 after purchasing an additional 1,033,794 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in First Trust Capital Strength ETF by 0.7% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,082,732 shares of the company’s stock worth $90,993,000 after purchasing an additional 7,761 shares during the period. Cetera Advisors LLC boosted its position in First Trust Capital Strength ETF by 51.0% during the first quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after purchasing an additional 291,774 shares during the period. Finally, Kowal Investment Group LLC grew its holdings in First Trust Capital Strength ETF by 24.6% during the second quarter. Kowal Investment Group LLC now owns 610,585 shares of the company’s stock valued at $51,314,000 after purchasing an additional 120,675 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 0.6 %

NASDAQ:FTCS opened at $91.54 on Wednesday. The company’s 50 day moving average is $90.25 and its 200-day moving average is $86.28. 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 market cap of $9.06 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

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

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).