Citadel Advisors LLC Sells 6,188 Shares of First Trust Capital Strength ETF $FTCS

Citadel Advisors LLC trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 17.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,947 shares of the company’s stock after selling 6,188 shares during the period. Citadel Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $2,719,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Plus Group Wealth Advisors LLC bought a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at $1,675,000. Vestmark Advisory Solutions Inc. boosted its position in First Trust Capital Strength ETF by 19.4% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 186,554 shares of the company’s stock valued at $17,258,000 after buying an additional 30,287 shares during the period. World Investment Advisors grew its stake in shares of First Trust Capital Strength ETF by 17.5% during the fourth quarter. World Investment Advisors now owns 52,736 shares of the company’s stock valued at $4,879,000 after buying an additional 7,853 shares during the last quarter. Investors Research Corp bought a new position in shares of First Trust Capital Strength ETF during the second quarter valued at about $16,354,000. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of First Trust Capital Strength ETF by 80.7% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 37,874 shares of the company’s stock worth $3,504,000 after buying an additional 16,919 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of FTCS stock opened at $97.97 on Wednesday. The business has a 50-day moving average of $99.01 and a 200 day moving average of $95.82. First Trust Capital Strength ETF has a 1-year low of $89.76 and a 1-year high of $102.93. The stock has a market capitalization of $7.77 billion, a PE ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Cuts Dividend

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

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.