American Financial Advisors LLC Sells 5,862 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

American Financial Advisors LLC trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 397,066 shares of the company’s stock after selling 5,862 shares during the period. First Trust Capital Strength ETF accounts for approximately 4.7% of American Financial Advisors LLC’s investment portfolio, making the stock its 5th biggest position. American Financial Advisors LLC owned approximately 0.37% of First Trust Capital Strength ETF worth $31,781,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Independent Wealth Network Inc. raised its stake in First Trust Capital Strength ETF by 1.9% during the fourth quarter. Independent Wealth Network Inc. now owns 7,082 shares of the company’s stock worth $567,000 after acquiring an additional 131 shares in the last quarter. Firethorn Wealth Partners LLC grew its position in shares of First Trust Capital Strength ETF by 4.9% during the 4th quarter. Firethorn Wealth Partners LLC now owns 3,203 shares of the company’s stock worth $256,000 after buying an additional 151 shares during the period. Per Stirling Capital Management LLC. grew its position in shares of First Trust Capital Strength ETF by 0.5% during the 3rd quarter. Per Stirling Capital Management LLC. now owns 36,722 shares of the company’s stock worth $2,704,000 after buying an additional 185 shares during the period. Mutual Advisors LLC grew its position in shares of First Trust Capital Strength ETF by 1.0% during the 4th quarter. Mutual Advisors LLC now owns 19,634 shares of the company’s stock worth $1,572,000 after buying an additional 204 shares during the period. Finally, Triton Wealth Management PLLC grew its position in First Trust Capital Strength ETF by 6.3% in the 4th quarter. Triton Wealth Management PLLC now owns 3,746 shares of the company’s stock valued at $299,000 after purchasing an additional 221 shares during the period.

First Trust Capital Strength ETF Trading Up 0.2 %

NASDAQ FTCS traded up $0.18 during mid-day trading on Friday, hitting $81.73. The company’s stock had a trading volume of 445,719 shares, compared to its average volume of 352,153. The company’s 50 day simple moving average is $83.75 and its 200 day simple moving average is $79.70. First Trust Capital Strength ETF has a twelve month low of $70.91 and a twelve month high of $85.89. The firm has a market capitalization of $8.61 billion, a price-to-earnings ratio of 19.66 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.2247 per share. This represents a $0.90 annualized dividend and a yield of 1.10%. The ex-dividend date was Thursday, March 21st.

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).