Wedbush Securities Inc. Has $5.40 Million Stock Holdings in First Trust Capital Strength ETF $FTCS

Wedbush Securities Inc. reduced its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 22.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 57,664 shares of the company’s stock after selling 16,619 shares during the quarter. Wedbush Securities Inc. owned about 0.06% of First Trust Capital Strength ETF worth $5,400,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FTCS. AQR Capital Management LLC raised its holdings in First Trust Capital Strength ETF by 93.9% during the 1st quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock worth $510,000 after purchasing an additional 2,755 shares during the last quarter. US Bancorp DE increased its position in shares of First Trust Capital Strength ETF by 26.5% during the second quarter. US Bancorp DE now owns 19,020 shares of the company’s stock worth $1,729,000 after buying an additional 3,980 shares during the period. Blue Trust Inc. raised its stake in First Trust Capital Strength ETF by 10.2% during the second quarter. Blue Trust Inc. now owns 2,316 shares of the company’s stock worth $210,000 after buying an additional 215 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in First Trust Capital Strength ETF in the second quarter valued at $206,000. Finally, MGO One Seven LLC lifted its holdings in First Trust Capital Strength ETF by 0.8% in the second quarter. MGO One Seven LLC now owns 19,459 shares of the company’s stock valued at $1,769,000 after buying an additional 154 shares during the period.

First Trust Capital Strength ETF Trading Up 0.0%

FTCS stock opened at $98.35 on Thursday. The firm has a market cap of $8.42 billion, a PE ratio of 21.51 and a beta of 0.80. The stock has a 50-day moving average price of $94.77 and a 200-day moving average price of $93.23. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $99.21.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared 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 annualized dividend and a yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, December 12th.

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