Harbour Investments Inc. Decreases Stock Holdings in First Trust Capital Strength ETF $FTCS

Harbour Investments Inc. trimmed its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 32.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 401,259 shares of the company’s stock after selling 191,701 shares during the period. First Trust Capital Strength ETF makes up 0.8% of Harbour Investments Inc.’s investment portfolio, making the stock its 23rd largest holding. Harbour Investments Inc. owned 0.47% of First Trust Capital Strength ETF worth $37,121,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. BOKF NA purchased a new position in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $28,000. EverSource Wealth Advisors LLC raised its holdings in shares of First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares during the last quarter. Whittier Trust Co. purchased a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at approximately $30,000. Root Financial Partners LLC purchased a new position in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $37,000. Finally, Smartleaf Asset Management LLC purchased a new position in shares of First Trust Capital Strength ETF during the second quarter valued at approximately $40,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $94.51 on Tuesday. First Trust Capital Strength ETF has a 12 month low of $88.70 and a 12 month high of $99.74. The stock has a market cap of $7.92 billion, a P/E ratio of 21.51 and a beta of 0.73. The company has a 50 day simple moving average of $93.28 and a two-hundred day simple moving average of $94.20.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.2873 per share. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 26th.

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.