NewEdge Advisors LLC lessened its position in First Trust Capital Strength ETF (NASDAQ:FTCS – Free Report) by 20.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,431 shares of the company’s stock after selling 34,794 shares during the period. NewEdge Advisors LLC owned 0.13% of First Trust Capital Strength ETF worth $11,214,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Davis Capital Management acquired a new stake in shares of First Trust Capital Strength ETF in the second quarter valued at about $25,000. Asset Dedication LLC acquired a new stake in First Trust Capital Strength ETF during the second quarter worth approximately $31,000. EverSource Wealth Advisors LLC acquired a new stake in First Trust Capital Strength ETF during the second quarter worth approximately $32,000. Headlands Technologies LLC acquired a new stake in First Trust Capital Strength ETF during the first quarter worth approximately $33,000. Finally, Mather Group LLC. acquired a new stake in First Trust Capital Strength ETF during the first quarter worth approximately $34,000.
First Trust Capital Strength ETF Price Performance
NASDAQ FTCS opened at $90.80 on Tuesday. The business has a 50 day simple moving average of $88.43 and a 200 day simple moving average of $85.51. First Trust Capital Strength ETF has a one year low of $71.11 and a one year high of $91.17. The stock has a market capitalization of $9.14 billion, a P/E ratio of 21.52 and a beta of 0.86.
First Trust Capital Strength ETF Cuts Dividend
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).
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