5,364 First Trust Capital Strength ETF $FTCS Shares Sold by HBW Advisory Services LLC

HBW Advisory Services LLC trimmed its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 63.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,155 shares of the company’s stock after selling 5,364 shares during the period. HBW Advisory Services LLC’s holdings in First Trust Capital Strength ETF were worth $296,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FTCS. Dynamic Advisor Solutions LLC grew its stake in First Trust Capital Strength ETF by 0.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 24,796 shares of the company’s stock valued at $2,329,000 after acquiring an additional 114 shares during the period. CoreCap Advisors LLC increased its holdings in First Trust Capital Strength ETF by 34.8% in the 3rd quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock worth $51,000 after acquiring an additional 141 shares in the last quarter. Bessemer Group Inc. raised its position in First Trust Capital Strength ETF by 5.2% during the first quarter. Bessemer Group Inc. now owns 2,955 shares of the company’s stock worth $274,000 after acquiring an additional 145 shares during the period. Pine Valley Investments Ltd Liability Co raised its position in First Trust Capital Strength ETF by 0.8% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 19,909 shares of the company’s stock worth $1,847,000 after acquiring an additional 149 shares during the period. Finally, PCG Wealth Advisors LLC raised its position in First Trust Capital Strength ETF by 0.3% during the second quarter. PCG Wealth Advisors LLC now owns 72,705 shares of the company’s stock worth $6,828,000 after acquiring an additional 188 shares during the period.

First Trust Capital Strength ETF Trading Up 0.7%

FTCS traded up $0.74 during midday trading on Friday, hitting $99.53. 473,696 shares of the company traded hands, compared to its average volume of 526,204. The company has a market capitalization of $7.78 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 52-week low of $89.76 and a 52-week high of $102.93. The business has a 50 day simple moving average of $98.09 and a two-hundred day simple moving average of $95.88.

First Trust Capital Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.3332 per share. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 24th.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.