First Trust Capital Strength ETF (NYSEARCA:FTCS) Shares Down 0.9%

First Trust Capital Strength ETF (NYSEARCA:FTCS – Get Rating) shares were down 0.9% during mid-day trading on Wednesday . The company traded as low as $69.89 and last traded at $70.61. Approximately 447,976 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 403,802 shares. The stock had previously closed at $71.24.

First Trust Capital Strength ETF Price Performance

The stock’s fifty day moving average is $74.41 and its 200-day moving average is $73.42. The stock has a market cap of $8.24 billion, a PE ratio of 19.85 and a beta of 0.88.

About First Trust Capital Strength ETF

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The First Trust Capital Strength ETF (FTCS) is an exchange-traded fund that is based on the NASDAQ Capital Strength index. The fund tracks an equally weighted US large-cap equity index targeting companies with a strong cash balance, low long-term debt, and high return on equity. FTCS was launched on Jul 6, 2006 and is managed by First Trust.