Bank of New York Mellon Corp Sells 41,425 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Bank of New York Mellon Corp trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 56.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,677 shares of the company’s stock after selling 41,425 shares during the period. Bank of New York Mellon Corp’s holdings in First Trust Capital Strength ETF were worth $2,782,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tcfg Wealth Management LLC increased its holdings in First Trust Capital Strength ETF by 0.4% in the 4th quarter. Tcfg Wealth Management LLC now owns 32,202 shares of the company’s stock valued at $2,828,000 after buying an additional 115 shares during the period. Focus Financial Network Inc. increased its stake in shares of First Trust Capital Strength ETF by 1.4% in the 4th quarter. Focus Financial Network Inc. now owns 10,853 shares of the company’s stock valued at $953,000 after buying an additional 154 shares during the period. Stephens Consulting LLC grew its position in shares of First Trust Capital Strength ETF by 20.7% during the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after buying an additional 183 shares during the period. Summit Investment Advisory Services LLC lifted its holdings in First Trust Capital Strength ETF by 6.8% in the fourth quarter. Summit Investment Advisory Services LLC now owns 3,112 shares of the company’s stock valued at $273,000 after buying an additional 198 shares during the period. Finally, Raymond James Trust N.A. increased its stake in shares of First Trust Capital Strength ETF by 0.5% in the 3rd quarter. Raymond James Trust N.A. now owns 46,788 shares of the company’s stock valued at $4,248,000 after acquiring an additional 238 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 0.5 %

Shares of NASDAQ FTCS opened at $88.42 on Friday. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23. The stock has a market cap of $8.44 billion, a price-to-earnings ratio of 23.46 and a beta of 0.85. The company’s fifty day moving average is $89.57 and its 200-day moving average is $90.22.

First Trust Capital Strength ETF Company 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).