Kestra Private Wealth Services LLC Sells 26,430 Shares of First Trust Capital Strength ETF $FTCS

Kestra Private Wealth Services LLC reduced its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 31.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,534 shares of the company’s stock after selling 26,430 shares during the period. Kestra Private Wealth Services LLC owned 0.07% of First Trust Capital Strength ETF worth $5,337,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of FTCS. 25 LLC purchased a new position in First Trust Capital Strength ETF during the 1st quarter valued at approximately $200,000. RFG Advisory LLC grew its position in First Trust Capital Strength ETF by 115.9% in the 1st quarter. RFG Advisory LLC now owns 46,900 shares of the company’s stock valued at $4,350,000 after acquiring an additional 25,182 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in First Trust Capital Strength ETF by 10.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 186,690 shares of the company’s stock worth $17,271,000 after buying an additional 18,411 shares during the period. World Investment Advisors lifted its holdings in shares of First Trust Capital Strength ETF by 17.5% in the 4th quarter. World Investment Advisors now owns 52,736 shares of the company’s stock worth $4,879,000 after buying an additional 7,853 shares during the period. Finally, Advisortrust Partners LLC purchased a new stake in First Trust Capital Strength ETF in the fourth quarter worth about $443,000.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $93.99 on Friday. First Trust Capital Strength ETF has a one year low of $89.39 and a one year high of $99.74. The company has a market capitalization of $7.88 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. The company’s 50-day simple moving average is $93.41 and its two-hundred day simple moving average is $94.48.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be issued a dividend of $0.2636 per share. This represents a $1.05 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 25th.

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.