Cresset Asset Management LLC Has $836,000 Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Cresset Asset Management LLC lowered its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,520 shares of the company’s stock after selling 209 shares during the period. Cresset Asset Management LLC’s holdings in First Trust Capital Strength ETF were worth $836,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new position in First Trust Capital Strength ETF in the fourth quarter worth $38,000. Knuff & Co LLC acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at $88,000. Stephens Consulting LLC lifted its stake in shares of First Trust Capital Strength ETF by 20.7% during the fourth quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock valued at $94,000 after acquiring an additional 183 shares during the period. Lee Danner & Bass Inc. acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at $99,000. Finally, Thompson Investment Management Inc. acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter valued at $116,000.

First Trust Capital Strength ETF Stock Up 2.1%

Shares of FTCS opened at $90.82 on Tuesday. First Trust Capital Strength ETF has a 12-month low of $80.66 and a 12-month high of $94.23. The firm has a market capitalization of $8.48 billion, a PE ratio of 22.61 and a beta of 0.86. The stock’s fifty day simple moving average is $87.72 and its 200-day simple moving average is $89.32.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.2159 per share. This represents a $0.86 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend was Thursday, March 27th.

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).