Axxcess Wealth Management LLC Reduces Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Axxcess Wealth Management LLC reduced its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,084 shares of the company’s stock after selling 811 shares during the period. Axxcess Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $1,237,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in shares of First Trust Capital Strength ETF in the fourth quarter worth $494,019,000. Wealthfront Advisers LLC purchased a new position in shares of First Trust Capital Strength ETF in the fourth quarter valued at about $59,656,000. Pollock Investment Advisors LLC bought a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at about $48,383,000. Kestra Advisory Services LLC boosted its holdings in shares of First Trust Capital Strength ETF by 20.6% during the fourth quarter. Kestra Advisory Services LLC now owns 504,415 shares of the company’s stock worth $44,298,000 after purchasing an additional 86,093 shares during the period. Finally, Park National Corp OH grew its stake in shares of First Trust Capital Strength ETF by 0.5% in the fourth quarter. Park National Corp OH now owns 481,410 shares of the company’s stock worth $42,277,000 after purchasing an additional 2,615 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $88.42 on Friday. First Trust Capital Strength ETF has a 1 year low of $81.16 and a 1 year high of $94.23. The stock’s 50-day moving average is $89.57 and its 200 day moving average is $90.22. The company has a market cap of $8.44 billion, a PE ratio of 23.46 and a beta of 0.85.

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).