Stonebridge Financial Planning Group LLC Has $1.52 Million Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Stonebridge Financial Planning Group LLC cut its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 11.1% during the 3rd quarter, Holdings Channel reports. The firm owned 16,726 shares of the company’s stock after selling 2,082 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in First Trust Capital Strength ETF were worth $1,519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Davis Capital Management acquired a new position in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in First Trust Capital Strength ETF during the 3rd quarter worth $29,000. Asset Dedication LLC acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at $31,000. EverSource Wealth Advisors LLC bought a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter valued at $32,000. Finally, ORG Partners LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth $64,000.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock traded down $0.16 on Wednesday, reaching $90.68. 10,848 shares of the stock were exchanged, compared to its average volume of 305,030. The firm’s 50 day moving average is $90.88 and its 200-day moving average is $87.43. The firm has a market cap of $8.95 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a one year low of $76.26 and a one year high of $93.12.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 1.13%. 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).