First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by FSB Premier Wealth Management Inc.

FSB Premier Wealth Management Inc. lowered its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 66,872 shares of the company’s stock after selling 2,914 shares during the period. First Trust Capital Strength ETF accounts for 2.4% of FSB Premier Wealth Management Inc.’s portfolio, making the stock its 5th biggest holding. FSB Premier Wealth Management Inc. owned about 0.07% of First Trust Capital Strength ETF worth $5,873,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Kestra Investment Management LLC bought a new position in First Trust Capital Strength ETF in the 4th quarter worth about $38,000. Knuff & Co LLC bought a new position in First Trust Capital Strength ETF in the 4th quarter worth approximately $88,000. Stephens Consulting LLC increased its position in First Trust Capital Strength ETF by 20.7% in the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock valued at $94,000 after acquiring an additional 183 shares during the period. Lee Danner & Bass Inc. bought a new stake in First Trust Capital Strength ETF during the 4th quarter valued at $99,000. Finally, Thompson Investment Management Inc. acquired a new position in First Trust Capital Strength ETF during the 4th quarter worth $116,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS opened at $88.61 on Monday. First Trust Capital Strength ETF has a one year low of $81.16 and a one year high of $94.23. The stock’s fifty day moving average is $89.69 and its 200-day moving average is $90.19. The firm has a market capitalization of $8.72 billion, a price-to-earnings ratio of 23.46 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be given a dividend of $0.2159 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.97%.

About First Trust Capital Strength ETF

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).