Sargent Investment Group LLC Has $13.52 Million Stock Holdings in First Trust Capital Strength ETF $FTCS

Sargent Investment Group LLC trimmed its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 146,097 shares of the company’s stock after selling 8,747 shares during the quarter. First Trust Capital Strength ETF comprises about 1.7% of Sargent Investment Group LLC’s holdings, making the stock its 16th biggest position. Sargent Investment Group LLC’s holdings in First Trust Capital Strength ETF were worth $13,516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Impact Partnership Wealth LLC grew its holdings in First Trust Capital Strength ETF by 2.8% in the fourth quarter. Impact Partnership Wealth LLC now owns 3,734 shares of the company’s stock worth $345,000 after purchasing an additional 103 shares during the period. Wisconsin Wealth Advisors LLC grew its holdings in First Trust Capital Strength ETF by 0.5% in the fourth quarter. Wisconsin Wealth Advisors LLC now owns 20,243 shares of the company’s stock worth $1,873,000 after purchasing an additional 108 shares during the period. Park Avenue Securities LLC grew its holdings in First Trust Capital Strength ETF by 0.6% in the fourth quarter. Park Avenue Securities LLC now owns 18,904 shares of the company’s stock worth $1,749,000 after purchasing an additional 109 shares during the period. Smartleaf Asset Management LLC grew its holdings in First Trust Capital Strength ETF by 14.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 939 shares of the company’s stock worth $88,000 after purchasing an additional 118 shares during the period. Finally, Brookstone Capital Management grew its holdings in First Trust Capital Strength ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 4,931 shares of the company’s stock worth $456,000 after purchasing an additional 120 shares during the period.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $94.53 on Monday. The stock has a market capitalization of $7.92 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. The firm has a fifty day simple moving average of $93.43 and a two-hundred day simple moving average of $94.41. First Trust Capital Strength ETF has a 12 month low of $88.70 and a 12 month high of $99.74.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.2873 per share. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, March 26th.

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