ORBA Wealth Advisors L.L.C. Has $4.39 Million Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

by · The Cerbat Gem

ORBA Wealth Advisors L.L.C. trimmed its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS – Free Report) by 9.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,388 shares of the company’s stock after selling 4,979 shares during the period. First Trust Capital Strength ETF accounts for approximately 2.2% of ORBA Wealth Advisors L.L.C.’s holdings, making the stock its 14th largest position. ORBA Wealth Advisors L.L.C.’s holdings in First Trust Capital Strength ETF were worth $4,394,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of First Trust Capital Strength ETF by 5.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock valued at $286,344,000 after acquiring an additional 190,799 shares in the last quarter. Cetera Investment Advisers boosted its stake in First Trust Capital Strength ETF by 195.0% during the 1st quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock valued at $133,955,000 after purchasing an additional 1,033,794 shares during the period. Global Assets Advisory LLC grew its holdings in First Trust Capital Strength ETF by 8,467.2% in the 1st quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock valued at $125,278,000 after buying an additional 1,445,606 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in First Trust Capital Strength ETF by 0.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,082,732 shares of the company’s stock worth $90,993,000 after buying an additional 7,761 shares during the period. Finally, Cetera Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 51.0% during the first quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after buying an additional 291,774 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock traded up $0.71 during midday trading on Friday, hitting $91.48. The company had a trading volume of 38,056 shares, compared to its average volume of 315,082. First Trust Capital Strength ETF has a 1-year low of $71.11 and a 1-year high of $91.52. The business’s 50 day simple moving average is $89.19 and its two-hundred day simple moving average is $85.85. The stock has a market cap of $9.07 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust Capital Strength ETF Company Profile

(Free Report)

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).

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