Citadel Advisors LLC Lowers Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Citadel Advisors LLC lessened its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 36.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 35,722 shares of the company’s stock after selling 20,081 shares during the period. Citadel Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $3,137,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTCS. Kestra Investment Management LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 4th quarter valued at about $38,000. Knuff & Co LLC acquired a new stake in First Trust Capital Strength ETF in the fourth quarter valued at approximately $88,000. Stephens Consulting LLC increased its position in shares of First Trust Capital Strength ETF by 20.7% in the fourth quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock valued at $94,000 after buying an additional 183 shares in the last quarter. Lee Danner & Bass Inc. purchased a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at approximately $99,000. Finally, Thompson Investment Management Inc. acquired a new stake in First Trust Capital Strength ETF in the 4th quarter valued at $116,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $92.01 on Wednesday. The company has a fifty day moving average of $87.99 and a two-hundred day moving average of $89.39. The stock has a market capitalization of $8.54 billion, a PE ratio of 22.61 and a beta of 0.83. First Trust Capital Strength ETF has a fifty-two week low of $80.66 and a fifty-two week high of $94.23.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.2159 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 0.94%.

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).