Moors & Cabot Inc. Increases Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Moors & Cabot Inc. lifted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 19.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,598 shares of the company’s stock after buying an additional 757 shares during the quarter. Moors & Cabot Inc.’s holdings in First Trust Capital Strength ETF were worth $418,000 at the end of the most recent quarter.

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

First Trust Capital Strength ETF Trading Up 0.7 %

NASDAQ:FTCS opened at $92.82 on Friday. The business’s 50-day moving average is $91.05 and its 200 day moving average is $87.62. First Trust Capital Strength ETF has a 12 month low of $76.60 and a 12 month high of $93.12. The company has a market capitalization of $9.16 billion, a P/E 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. Stockholders of record on Thursday, September 26th were given a dividend of $0.2566 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.11%.

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).