Strategy Asset Managers LLC Cuts Stake in First Trust Capital Strength ETF $FTCS

Strategy Asset Managers LLC cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 27.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,729 shares of the company’s stock after selling 6,563 shares during the period. Strategy Asset Managers LLC’s holdings in First Trust Capital Strength ETF were worth $1,660,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FTCS. American Financial Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 2.8% in the 3rd quarter. American Financial Advisors LLC now owns 378,332 shares of the company’s stock worth $35,427,000 after purchasing an additional 10,294 shares during the period. Bank of Montreal Can grew its stake in First Trust Capital Strength ETF by 547.1% in the second quarter. Bank of Montreal Can now owns 660 shares of the company’s stock worth $60,000 after purchasing an additional 558 shares during the period. Randall & Associates Wealth Management lifted its position in First Trust Capital Strength ETF by 4.9% during the third quarter. Randall & Associates Wealth Management now owns 272,526 shares of the company’s stock valued at $25,519,000 after buying an additional 12,783 shares during the period. Arkadios Wealth Advisors boosted its holdings in shares of First Trust Capital Strength ETF by 14.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 100,380 shares of the company’s stock valued at $9,400,000 after buying an additional 13,014 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in shares of First Trust Capital Strength ETF by 76.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 53,051 shares of the company’s stock worth $4,822,000 after buying an additional 22,966 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $96.76 on Monday. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $96.80. The firm has a 50-day moving average of $93.80 and a 200 day moving average of $92.87. The stock has a market cap of $8.28 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.2607 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.