MTM Investment Management LLC Sells 170 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

by · The Cerbat Gem

MTM Investment Management LLC reduced its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS – Free Report) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,589 shares of the company’s stock after selling 170 shares during the period. MTM Investment Management LLC’s holdings in First Trust Capital Strength ETF were worth $688,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTCS. Kraft Davis & Associates LLC lifted its position in First Trust Capital Strength ETF by 2.7% during the 3rd quarter. Kraft Davis & Associates LLC now owns 4,423 shares of the company’s stock worth $395,000 after acquiring an additional 115 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in First Trust Capital Strength ETF by 0.3% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock valued at $3,603,000 after purchasing an additional 122 shares during the period. SRS Capital Advisors Inc. grew its holdings in First Trust Capital Strength ETF by 0.8% in the 2nd quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock valued at $1,437,000 after buying an additional 138 shares during the last quarter. Herold Advisors Inc. increased its position in First Trust Capital Strength ETF by 1.6% in the 2nd quarter. Herold Advisors Inc. now owns 9,033 shares of the company’s stock worth $759,000 after buying an additional 139 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 1.7% during the third quarter. Farther Finance Advisors LLC now owns 9,428 shares of the company’s stock worth $856,000 after buying an additional 155 shares during the last quarter.

First Trust Capital Strength ETF Trading Down 0.4 %

FTCS opened at $90.84 on Wednesday. The business has a 50 day moving average of $90.88 and a 200-day moving average of $87.43. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 1-year low of $75.83 and a 1-year 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. Shareholders of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust Capital Strength ETF

(Free Report)

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).

Further Reading

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