Prospera Financial Services Inc Trims Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Prospera Financial Services Inc lowered its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 276,765 shares of the company’s stock after selling 29,627 shares during the period. First Trust Capital Strength ETF accounts for 0.6% of Prospera Financial Services Inc’s investment portfolio, making the stock its 24th biggest position. Prospera Financial Services Inc’s holdings in First Trust Capital Strength ETF were worth $25,159,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new position in First Trust Capital Strength ETF in the first quarter valued at $122,000. TIAA Trust National Association acquired a new stake in First Trust Capital Strength ETF in the first quarter valued at approximately $326,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of First Trust Capital Strength ETF during the first quarter valued at approximately $170,000. CreativeOne Wealth LLC acquired a new position in shares of First Trust Capital Strength ETF during the first quarter worth $665,000. Finally, Axxcess Wealth Management LLC lifted its position in shares of First Trust Capital Strength ETF by 4.0% during the first quarter. Axxcess Wealth Management LLC now owns 17,781 shares of the company’s stock worth $1,523,000 after purchasing an additional 678 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.3 %

FTCS opened at $91.24 on Tuesday. First Trust Capital Strength ETF has a twelve month low of $75.83 and a twelve month high of $93.12. The firm has a market cap of $9.01 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The company has a fifty day simple moving average of $90.85 and a 200 day simple moving average of $87.36.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.2566 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.03 annualized dividend and a dividend yield of 1.12%.

First Trust Capital Strength ETF Company 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).