Blair William & Co. IL Sells 2,295 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Blair William & Co. IL cut its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 25.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,604 shares of the company’s stock after selling 2,295 shares during the period. Blair William & Co. IL’s holdings in First Trust Capital Strength ETF were worth $580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in First Trust Capital Strength ETF in the 4th quarter valued at about $494,019,000. Wealthfront Advisers LLC purchased a new position in shares of First Trust Capital Strength ETF in the fourth quarter worth about $59,656,000. Pollock Investment Advisors LLC bought a new stake in shares of First Trust Capital Strength ETF in the fourth quarter valued at approximately $48,383,000. SRS Capital Advisors Inc. lifted its stake in shares of First Trust Capital Strength ETF by 1,793.2% during the 4th quarter. SRS Capital Advisors Inc. now owns 326,589 shares of the company’s stock valued at $28,681,000 after buying an additional 309,338 shares in the last quarter. Finally, Independent Advisor Alliance boosted its holdings in First Trust Capital Strength ETF by 5,063.8% in the 4th quarter. Independent Advisor Alliance now owns 250,288 shares of the company’s stock worth $21,980,000 after buying an additional 245,441 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of FTCS stock opened at $88.53 on Friday. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 23.46 and a beta of 0.86. The company’s fifty day simple moving average is $89.67 and its two-hundred day simple moving average is $90.18. First Trust Capital Strength ETF has a 1 year low of $81.16 and a 1 year high of $94.23.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.2159 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.98%.

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).