Park Avenue Securities LLC Lowers Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Park Avenue Securities LLC reduced its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 25,258 shares of the company’s stock after selling 291 shares during the period. Park Avenue Securities LLC’s holdings in First Trust Capital Strength ETF were worth $2,163,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FTCS. International Assets Investment Management LLC lifted its holdings 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 valued at $239,004,000 after acquiring an additional 2,948,510 shares in the last quarter. Scarborough Advisors LLC grew its position in shares of First Trust Capital Strength ETF by 316.1% during the 4th quarter. Scarborough Advisors LLC now owns 786,475 shares of the company’s stock valued at $62,949,000 after buying an additional 597,458 shares during the last quarter. Silver Oak Securities Incorporated bought a new stake in shares of First Trust Capital Strength ETF during the 4th quarter valued at about $33,659,000. Stratos Wealth Partners LTD. acquired a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $30,855,000. Finally, Bennett Associates Wealth Management acquired a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $20,475,000.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $85.10 on Friday. The firm has a 50-day moving average price of $83.33 and a two-hundred day moving average price of $82.48. The firm has a market capitalization of $8.92 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 52-week low of $71.11 and a 52-week high of $85.89.

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).