DeDora Capital Inc. Decreases Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

DeDora Capital Inc. cut its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 58.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,358 shares of the company’s stock after selling 50,178 shares during the quarter. First Trust Capital Strength ETF comprises about 1.0% of DeDora Capital Inc.’s holdings, making the stock its 23rd largest position. DeDora Capital Inc.’s holdings in First Trust Capital Strength ETF were worth $2,910,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in FTCS. JPMorgan Chase & Co. boosted its stake in First Trust Capital Strength ETF by 24.1% during the first quarter. JPMorgan Chase & Co. now owns 16,667 shares of the company’s stock valued at $1,303,000 after buying an additional 3,236 shares during the period. Bank of New York Mellon Corp boosted its stake in First Trust Capital Strength ETF by 148.3% during the first quarter. Bank of New York Mellon Corp now owns 7,367 shares of the company’s stock valued at $576,000 after buying an additional 4,400 shares during the period. Moors & Cabot Inc. boosted its stake in First Trust Capital Strength ETF by 16.4% during the first quarter. Moors & Cabot Inc. now owns 5,118 shares of the company’s stock valued at $400,000 after buying an additional 720 shares during the period. NewEdge Advisors LLC boosted its stake in First Trust Capital Strength ETF by 52.6% during the first quarter. NewEdge Advisors LLC now owns 169,577 shares of the company’s stock valued at $13,261,000 after buying an additional 58,451 shares during the period. Finally, Equitable Holdings Inc. boosted its stake in First Trust Capital Strength ETF by 1.7% during the first quarter. Equitable Holdings Inc. now owns 136,374 shares of the company’s stock valued at $10,664,000 after buying an additional 2,271 shares during the period.

First Trust Capital Strength ETF Stock Up 0.0 %

NASDAQ:FTCS traded up $0.02 during trading hours on Thursday, hitting $85.65. 242,431 shares of the company’s stock traded hands, compared to its average volume of 356,251. The firm has a market cap of $9.25 billion, a P/E ratio of 19.66 and a beta of 0.86. First Trust Capital Strength ETF has a 52 week low of $70.91 and a 52 week high of $85.89. The business’s fifty day simple moving average is $83.12 and its two-hundred day simple moving average is $78.85.

First Trust Capital Strength ETF Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd will be paid a dividend of $0.2247 per share. This represents a $0.90 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, March 21st.

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).