Cambridge Advisors Inc. Sells 889 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Cambridge Advisors Inc. lowered its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,243 shares of the company’s stock after selling 889 shares during the quarter. First Trust Capital Strength ETF makes up 0.6% of Cambridge Advisors Inc.’s portfolio, making the stock its 29th biggest position. Cambridge Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $2,590,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Calton & Associates Inc. increased its stake in First Trust Capital Strength ETF by 8.2% during the 1st quarter. Calton & Associates Inc. now owns 4,954 shares of the company’s stock valued at $424,000 after purchasing an additional 375 shares in the last quarter. RiverTree Advisors LLC increased its stake in First Trust Capital Strength ETF by 6.1% during the 1st quarter. RiverTree Advisors LLC now owns 128,935 shares of the company’s stock valued at $11,043,000 after purchasing an additional 7,386 shares in the last quarter. Hobart Private Capital LLC acquired a new position in First Trust Capital Strength ETF during the 1st quarter valued at approximately $5,522,000. Flagstar Advisors Inc. acquired a new position in First Trust Capital Strength ETF during the 1st quarter valued at approximately $245,000. Finally, Kingswood Wealth Advisors LLC increased its stake in First Trust Capital Strength ETF by 4.2% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 42,744 shares of the company’s stock valued at $3,661,000 after purchasing an additional 1,740 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

FTCS stock opened at $84.04 on Friday. The firm’s fifty day simple moving average is $83.64 and its 200-day simple moving average is $82.68. The company has a market capitalization of $8.81 billion, a P/E ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 12 month low of $71.11 and a 12 month high of $86.11.

First Trust Capital Strength ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a dividend of $0.2843 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date was Thursday, June 27th.

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).