Envestnet Portfolio Solutions Inc. Has $6.45 Million Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Envestnet Portfolio Solutions Inc. cut its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 7.1% during the fourth quarter, HoldingsChannel reports. The fund owned 73,481 shares of the company’s stock after selling 5,600 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Capital Strength ETF were worth $6,453,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Kraft Davis & Associates LLC increased its stake in shares of First Trust Capital Strength ETF by 2.7% in the third quarter. Kraft Davis & Associates LLC now owns 4,423 shares of the company’s stock worth $395,000 after acquiring an additional 115 shares during the last quarter. Tcfg Wealth Management LLC increased its stake in shares of First Trust Capital Strength ETF by 0.4% in the fourth quarter. Tcfg Wealth Management LLC now owns 32,202 shares of the company’s stock worth $2,828,000 after acquiring an additional 115 shares during the last quarter. Moors & Cabot Inc. increased its stake in shares of First Trust Capital Strength ETF by 2.7% in the fourth quarter. Moors & Cabot Inc. now owns 4,720 shares of the company’s stock worth $414,000 after acquiring an additional 122 shares during the last quarter. Focus Financial Network Inc. increased its stake in shares of First Trust Capital Strength ETF by 1.4% in the fourth quarter. Focus Financial Network Inc. now owns 10,853 shares of the company’s stock worth $953,000 after acquiring an additional 154 shares during the last quarter. Finally, Keybank National Association OH increased its stake in shares of First Trust Capital Strength ETF by 6.5% in the fourth quarter. Keybank National Association OH now owns 2,717 shares of the company’s stock worth $239,000 after acquiring an additional 166 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $88.83 on Tuesday. The company has a market capitalization of $8.75 billion, a price-to-earnings ratio of 23.44 and a beta of 0.86. First Trust Capital Strength ETF has a one year low of $81.16 and a one year high of $94.23. The company’s fifty day moving average price is $89.50 and its two-hundred day moving average price is $90.26.

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).