First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Down 17.3% in February

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 61,327 shares, a decrease of 17.3% from the January 29th total of 74,178 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 417,964 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 417,964 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Capital Strength ETF

Several hedge funds have recently modified their holdings of FTCS. American Financial Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 2.8% in the third quarter. American Financial Advisors LLC now owns 378,332 shares of the company’s stock valued at $35,427,000 after purchasing an additional 10,294 shares in the last quarter. Bank of Montreal Can raised its position in First Trust Capital Strength ETF by 547.1% in the 2nd quarter. Bank of Montreal Can now owns 660 shares of the company’s stock valued at $60,000 after buying an additional 558 shares during the last quarter. Randall & Associates Wealth Management lifted its stake in First Trust Capital Strength ETF by 4.9% in the 3rd quarter. Randall & Associates Wealth Management now owns 272,526 shares of the company’s stock valued at $25,519,000 after acquiring an additional 12,783 shares in the last quarter. Concentrum Wealth Management boosted its position in First Trust Capital Strength ETF by 5.1% during the 3rd quarter. Concentrum Wealth Management now owns 109,417 shares of the company’s stock worth $10,246,000 after acquiring an additional 5,341 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its stake in shares of First Trust Capital Strength ETF by 14.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 100,380 shares of the company’s stock worth $9,400,000 after acquiring an additional 13,014 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS traded up $0.13 during trading hours on Wednesday, hitting $98.79. 319,176 shares of the stock were exchanged, compared to its average volume of 455,062. First Trust Capital Strength ETF has a one year low of $80.65 and a one year high of $99.74. The company’s 50 day moving average is $96.30 and its 200 day moving average is $93.87. The firm has a market capitalization of $8.46 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.2607 per share. This represents a $1.04 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.