First Trust Capital Strength ETF (NASDAQ:FTCS) Stake Cut by Bennett Associates Wealth Management

Bennett Associates Wealth Management lessened its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 6.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 255,217 shares of the company’s stock after selling 18,603 shares during the quarter. First Trust Capital Strength ETF comprises 18.6% of Bennett Associates Wealth Management’s portfolio, making the stock its largest holding. Bennett Associates Wealth Management’s holdings in First Trust Capital Strength ETF were worth $22,413,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC raised its holdings in shares of First Trust Capital Strength ETF by 8,647.9% in the 3rd quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock valued at $283,718,000 after acquiring an additional 3,088,928 shares in the last quarter. Harbour Investments Inc. lifted its position in First Trust Capital Strength ETF by 3.1% during the third quarter. Harbour Investments Inc. now owns 622,696 shares of the company’s stock valued at $56,541,000 after purchasing an additional 18,569 shares during the last quarter. Kowal Investment Group LLC grew its stake in First Trust Capital Strength ETF by 24.6% in the 2nd quarter. Kowal Investment Group LLC now owns 610,585 shares of the company’s stock worth $51,314,000 after buying an additional 120,675 shares in the last quarter. Park National Corp OH increased its holdings in shares of First Trust Capital Strength ETF by 0.5% in the 4th quarter. Park National Corp OH now owns 481,410 shares of the company’s stock worth $42,277,000 after buying an additional 2,615 shares during the last quarter. Finally, MML Investors Services LLC raised its position in shares of First Trust Capital Strength ETF by 1.1% during the 3rd quarter. MML Investors Services LLC now owns 445,457 shares of the company’s stock valued at $40,447,000 after buying an additional 4,642 shares in the last quarter.

First Trust Capital Strength ETF Stock Up 0.9 %

FTCS opened at $88.99 on Friday. The business’s fifty day simple moving average is $90.25 and its 200 day simple moving average is $89.17. First Trust Capital Strength ETF has a 52 week low of $79.70 and a 52 week high of $94.23. The stock has a market cap of $8.83 billion, a PE ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.4043 per share. The ex-dividend date was Friday, December 13th.

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).