Fermata Advisors LLC Reduces Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Fermata Advisors LLC lessened its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 46.3% in the fourth quarter, HoldingsChannel reports. The firm owned 26,411 shares of the company’s stock after selling 22,746 shares during the period. Fermata Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $2,319,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Moisand Fitzgerald Tamayo LLC bought a new stake in First Trust Capital Strength ETF in the 3rd quarter valued at $29,000. EverSource Wealth Advisors LLC bought a new position in shares of First Trust Capital Strength ETF during the 2nd quarter worth $32,000. ORG Partners LLC bought a new position in First Trust Capital Strength ETF in the third quarter worth approximately $64,000. Pinnacle Bancorp Inc. grew its position in shares of First Trust Capital Strength ETF by 39.1% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,188 shares of the company’s stock worth $108,000 after buying an additional 334 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in First Trust Capital Strength ETF in the third quarter valued at about $123,000.

First Trust Capital Strength ETF Stock Up 0.9 %

Shares of NASDAQ:FTCS opened at $88.99 on Friday. First Trust Capital Strength ETF has a 52-week low of $79.70 and a 52-week high of $94.23. The business has a 50-day moving average price of $90.25 and a 200-day moving average price of $89.17. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.4043 dividend. The ex-dividend date was Friday, December 13th.

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).