GGM Financials LLC Cuts Holdings in First Trust Capital Strength ETF $FTCS

GGM Financials LLC lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 99.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 605 shares of the company’s stock after selling 114,979 shares during the period. GGM Financials LLC’s holdings in First Trust Capital Strength ETF were worth $57,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Private Advisory Group LLC boosted its holdings in First Trust Capital Strength ETF by 6.1% in the 3rd quarter. Private Advisory Group LLC now owns 11,920 shares of the company’s stock worth $1,116,000 after buying an additional 681 shares during the period. Concentrum Wealth Management grew its position in shares of First Trust Capital Strength ETF by 5.1% in the third quarter. Concentrum Wealth Management now owns 109,417 shares of the company’s stock valued at $10,246,000 after purchasing an additional 5,341 shares in the last quarter. OneDigital Investment Advisors LLC grew its position in shares of First Trust Capital Strength ETF by 3.3% in the third quarter. OneDigital Investment Advisors LLC now owns 26,028 shares of the company’s stock valued at $2,437,000 after purchasing an additional 828 shares in the last quarter. Rossby Financial LCC raised its stake in shares of First Trust Capital Strength ETF by 46.8% during the 3rd quarter. Rossby Financial LCC now owns 2,390 shares of the company’s stock valued at $223,000 after purchasing an additional 762 shares during the period. Finally, Clear Creek Financial Management LLC lifted its holdings in First Trust Capital Strength ETF by 3.2% during the 3rd quarter. Clear Creek Financial Management LLC now owns 33,270 shares of the company’s stock worth $3,115,000 after purchasing an additional 1,017 shares in the last quarter.

First Trust Capital Strength ETF Stock Up 0.6%

Shares of NASDAQ FTCS opened at $97.99 on Wednesday. The company has a market cap of $8.39 billion, a P/E ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $99.21. The business has a 50-day simple moving average of $95.71 and a two-hundred day simple moving average of $93.65.

First Trust Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.2607 per share. 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. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%.

About First Trust Capital Strength ETF

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.