First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Raymond James & Associates

Raymond James & Associates reduced its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.1% during the 1st quarter, Holdings Channel reports. The fund owned 2,641,678 shares of the company’s stock after selling 3,858 shares during the quarter. Raymond James & Associates’ holdings in First Trust Capital Strength ETF were worth $226,260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its position in shares of First Trust Capital Strength ETF by 7,852.6% during the 4th quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock worth $239,004,000 after buying an additional 2,948,510 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in First Trust Capital Strength ETF by 6.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,932,527 shares of the company’s stock worth $154,679,000 after purchasing an additional 115,213 shares in the last quarter. Royal Bank of Canada raised its holdings in First Trust Capital Strength ETF by 1.1% during the third quarter. Royal Bank of Canada now owns 1,708,275 shares of the company’s stock worth $125,780,000 after purchasing an additional 17,880 shares in the last quarter. Global Assets Advisory LLC lifted its position in First Trust Capital Strength ETF by 8,467.2% in the first quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock worth $125,278,000 after purchasing an additional 1,445,606 shares during the period. Finally, Private Advisor Group LLC boosted its stake in First Trust Capital Strength ETF by 1.3% during the 4th quarter. Private Advisor Group LLC now owns 1,264,961 shares of the company’s stock valued at $101,247,000 after purchasing an additional 16,039 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of FTCS traded down $0.22 during midday trading on Friday, reaching $82.21. The stock had a trading volume of 251,062 shares, compared to its average volume of 347,856. The company has a market capitalization of $8.64 billion, a P/E ratio of 21.13 and a beta of 0.86. The firm’s 50 day moving average price is $83.76 and its 200-day moving average price is $80.07. First Trust Capital Strength ETF has a 52 week low of $70.91 and a 52 week high of $85.89.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.2247 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, March 21st.

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).