Cwm LLC Has $2.88 Million Holdings in First Trust Capital Strength ETF $FTCS

Cwm LLC lessened its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 11.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 31,709 shares of the company’s stock after selling 4,068 shares during the quarter. Cwm LLC’s holdings in First Trust Capital Strength ETF were worth $2,882,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its position in shares of First Trust Capital Strength ETF by 503.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after purchasing an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of First Trust Capital Strength ETF in the first quarter valued at approximately $131,493,000. Jones Financial Companies Lllp grew its position in shares of First Trust Capital Strength ETF by 74.0% in the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock valued at $38,148,000 after purchasing an additional 183,074 shares during the last quarter. LPL Financial LLC grew its position in shares of First Trust Capital Strength ETF by 1.6% in the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock valued at $687,036,000 after purchasing an additional 121,726 shares during the last quarter. Finally, Golden State Wealth Management LLC grew its position in shares of First Trust Capital Strength ETF by 96.9% in the first quarter. Golden State Wealth Management LLC now owns 235,591 shares of the company’s stock valued at $21,119,000 after purchasing an additional 115,931 shares during the last quarter.

First Trust Capital Strength ETF Trading Up 1.0%

First Trust Capital Strength ETF stock opened at $92.79 on Friday. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $94.37. The stock’s 50 day moving average is $92.93 and its 200-day moving average is $90.77. The company has a market capitalization of $8.34 billion, a price-to-earnings ratio of 21.51 and a beta of 0.86.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.2527 dividend. This represents a $1.01 annualized dividend and a dividend yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. The ex-dividend date was Thursday, September 25th.

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).