First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by LPL Financial LLC

LPL Financial LLC lessened its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,562,628 shares of the company’s stock after selling 414,459 shares during the period. LPL Financial LLC owned 7.51% of First Trust Capital Strength ETF worth $635,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Davis Capital Management purchased a new stake in First Trust Capital Strength ETF in the 2nd quarter valued at $25,000. Asset Dedication LLC acquired a new position in shares of First Trust Capital Strength ETF during the second quarter worth about $31,000. Headlands Technologies LLC purchased a new position in First Trust Capital Strength ETF during the first quarter worth about $33,000. Mather Group LLC. acquired a new stake in shares of First Trust Capital Strength ETF in the 1st quarter valued at approximately $34,000. Finally, Hexagon Capital Partners LLC lifted its holdings in First Trust Capital Strength ETF by 60.0% in the second quarter. Hexagon Capital Partners LLC now owns 875 shares of the company’s stock valued at $74,000 after acquiring an additional 328 shares during the period.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $89.60 on Wednesday. The business has a 50 day moving average price of $86.89 and a 200 day moving average price of $84.90. The company has a market capitalization of $9.02 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 1-year low of $71.11 and a 1-year high of $90.82.

First Trust Capital Strength ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.2843 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date was Thursday, June 27th.

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).