First Trust Capital Strength ETF (NASDAQ:FTCS) is Shelton Wealth Management LLC’s 9th Largest Position

Shelton Wealth Management LLC trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 11.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,490 shares of the company’s stock after selling 7,645 shares during the period. First Trust Capital Strength ETF makes up approximately 2.7% of Shelton Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Shelton Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $5,224,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. KMG Fiduciary Partners LLC increased its stake in First Trust Capital Strength ETF by 5.7% during the fourth quarter. KMG Fiduciary Partners LLC now owns 10,334 shares of the company’s stock worth $908,000 after acquiring an additional 558 shares during the last quarter. Tallon Kerry Patrick purchased a new stake in shares of First Trust Capital Strength ETF in the fourth quarter valued at $285,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 34.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,309 shares of the company’s stock worth $203,000 after acquiring an additional 592 shares during the last quarter. AdvisorNet Financial Inc raised its position in First Trust Capital Strength ETF by 73.7% in the 4th quarter. AdvisorNet Financial Inc now owns 6,036 shares of the company’s stock worth $530,000 after purchasing an additional 2,562 shares during the period. Finally, Envision Financial LLC bought a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at approximately $2,318,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $89.09 on Friday. The stock has a 50 day moving average price of $90.18 and a 200 day moving average price of $89.21. First Trust Capital Strength ETF has a 52-week low of $79.70 and a 52-week high of $94.23. The firm has a market capitalization of $8.84 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.4043 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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).