( ) saw a notable increase in short interest during March. On March 31, there were 86,900 shorted shares. This is a significant increase of 20,7% compared to the total of 72,000 on March 15. The short-interest rate is 0.2 days based on an average daily share volume of 409,000.
First Trust Capital Strength Trading down 0.1 %
Trading hours were Thursday and the stock fell $0.05 to $73.67. The company's shares were traded at a volume of 295,740, as opposed to the average of 407 049. The stock's moving average of 50 days is $72.38, and its moving average of 200 days is $73.67. The market cap is $8.69 billion. It has a P/E ratio of 19.85, and a beta value of 0.86. A quarterly dividend was also declared by the firm and paid out on March 31st. Dividends were paid to shareholders who had their shares in the company's records on Monday, 27th March. Dividend yield is 1.59%. This dividend represents $1.17 on an annualized base. The ex-dividend day was Friday, 24th March.
First Trust Capital Strength: Institutional Investors weigh in on the ETF
Recent changes in stock positions by large investors. Key Financial Inc increased its holdings of First Trust Capital Strength ETF by 304.3% in the third quarter. Key Financial Inc owns 570 of the company stock, valued at $38,000. This is after purchasing an additional 429 share during the last quarter. Romano Brothers AND Company bought a new stake of shares in First Trust Capital Strength ETF valued at $40,000 during the fourth quarter. Luken Investment Analytics LLC bought a new stake of First Trust Capital Strength ETF for $43,000 in the fourth quarter. UMB Bank N.A. In the third quarter, UMB Bank n.a. purchased a stake in First Trust Capital Strength ETF worth $45,000. Harbor Investment Advisory LLC increased its holdings of First Trust Capital Strength ETF in the third-quarter by 52.4%. Harbor Investment Advisory LLC owns 925 of the company’s shares valued at $61,000, after buying an additional 318 during the third quarter.
First Trust Capital Strength Fund
First Trust Capital Strength ETF (formerly First Trust Strategic Value Index Fund) seeks to achieve investment results that are generally in line with the price and yield of the Credit Suisse US Value Index powered by HOLT, an equity index. The Index was developed, maintained, and sponsored by Credit Suisse Securities USA LLC and Credit Suisse Group AG, collectively known as the Index Provider.
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