SLT Holdings LLC Decreases Stock Position in First Trust Capital Strength ETF $FTCS

SLT Holdings LLC lessened its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 70.6% in the 3rd quarter, Holdings Channel reports. The firm owned 11,691 shares of the company’s stock after selling 28,034 shares during the period. SLT Holdings LLC’s holdings in First Trust Capital Strength ETF were worth $1,095,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. HBW Advisory Services LLC lifted its position in shares of First Trust Capital Strength ETF by 2.0% in the second quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock worth $544,000 after buying an additional 119 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in First Trust Capital Strength ETF by 1.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 10,418 shares of the company’s stock valued at $947,000 after buying an additional 127 shares in the last quarter. Hazlett Burt & Watson Inc. increased its stake in First Trust Capital Strength ETF by 26.4% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 618 shares of the company’s stock worth $56,000 after acquiring an additional 129 shares during the last quarter. Strategic Blueprint LLC raised its holdings in shares of First Trust Capital Strength ETF by 0.4% during the 3rd quarter. Strategic Blueprint LLC now owns 37,310 shares of the company’s stock worth $3,494,000 after acquiring an additional 136 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its position in shares of First Trust Capital Strength ETF by 6.5% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 2,418 shares of the company’s stock valued at $226,000 after acquiring an additional 148 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

FTCS stock opened at $93.43 on Thursday. The firm has a fifty day moving average price of $92.25 and a 200 day moving average price of $92.28. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $94.50. The firm has a market cap of $8.14 billion, a PE ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.2607 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.