First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,682 shares of the company’s stock after selling 941 shares during the period. Kovack Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $695,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. CENTRAL TRUST Co acquired a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth about $26,000. Anchor Investment Management LLC purchased a new stake in First Trust Capital Strength ETF during the fourth quarter worth approximately $64,000. Tucker Asset Management LLC lifted its stake in First Trust Capital Strength ETF by 43.6% during the third quarter. Tucker Asset Management LLC now owns 952 shares of the company’s stock worth $70,000 after purchasing an additional 289 shares during the last quarter. Criterion Capital Advisors LLC purchased a new stake in First Trust Capital Strength ETF during the fourth quarter worth approximately $73,000. Finally, Pinnacle Bancorp Inc. lifted its stake in First Trust Capital Strength ETF by 59.5% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,554 shares of the company’s stock worth $124,000 after purchasing an additional 580 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 0.3 %

FTCS stock opened at $82.21 on Friday. The business has a 50 day moving average price of $83.76 and a 200 day moving average price of $80.10. The stock has a market cap of $8.64 billion, a price-to-earnings ratio of 21.13 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $70.91 and a fifty-two week high of $85.89.

First Trust Capital Strength ETF Announces Dividend

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

First Trust Capital Strength ETF Company 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).