RFG Advisory LLC Trims Stake in First Trust Capital Strength ETF $FTCS

RFG Advisory LLC lessened its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 28.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,677 shares of the company’s stock after selling 13,223 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $3,163,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 10.5% in the second quarter. NewEdge Advisors LLC now owns 44,056 shares of the company’s stock valued at $4,138,000 after acquiring an additional 4,182 shares in the last quarter. IFP Advisors Inc increased its position in First Trust Capital Strength ETF by 17.5% during the 2nd quarter. IFP Advisors Inc now owns 39,243 shares of the company’s stock worth $3,686,000 after purchasing an additional 5,854 shares in the last quarter. Waverly Advisors LLC increased its position in First Trust Capital Strength ETF by 7.2% during the 2nd quarter. Waverly Advisors LLC now owns 15,610 shares of the company’s stock worth $1,466,000 after purchasing an additional 1,052 shares in the last quarter. Corient Private Wealth LP acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at about $346,000. Finally, Tucker Asset Management LLC raised its stake in First Trust Capital Strength ETF by 84.1% in the 2nd quarter. Tucker Asset Management LLC now owns 2,290 shares of the company’s stock valued at $215,000 after purchasing an additional 1,046 shares during the last quarter.

First Trust Capital Strength ETF Trading Down 1.0%

NASDAQ:FTCS opened at $97.02 on Thursday. First Trust Capital Strength ETF has a 12-month low of $89.76 and a 12-month high of $102.93. The firm has a market cap of $7.70 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. The company’s 50-day moving average is $99.05 and its two-hundred day moving average is $95.82.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.2636 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.05 annualized dividend and a dividend yield of 1.1%.

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