First Trust Capital Strength ETF $FTCS Shares Sold by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. decreased its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 92,638 shares of the company’s stock after selling 5,191 shares during the quarter. First Trust Capital Strength ETF accounts for about 0.6% of Summit Wealth Group LLC Co.’s holdings, making the stock its 28th biggest holding. Summit Wealth Group LLC Co.’s holdings in First Trust Capital Strength ETF were worth $8,694,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Eastern Bank purchased a new stake in First Trust Capital Strength ETF during the 2nd quarter worth approximately $27,000. Mather Group LLC. purchased a new position in First Trust Capital Strength ETF in the 3rd quarter valued at approximately $30,000. Main Street Group LTD purchased a new position in First Trust Capital Strength ETF in the 1st quarter valued at approximately $46,000. Signature Equity Partners LLC purchased a new position in First Trust Capital Strength ETF in the 1st quarter valued at approximately $46,000. Finally, CoreCap Advisors LLC boosted its position in First Trust Capital Strength ETF by 34.8% in the 3rd quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock valued at $51,000 after buying an additional 141 shares during the period.

First Trust Capital Strength ETF Stock Up 1.6%

NASDAQ:FTCS opened at $103.90 on Tuesday. The company has a fifty day simple moving average of $98.16 and a two-hundred day simple moving average of $96.30. The company has a market cap of $8.05 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 52 week low of $89.76 and a 52 week high of $104.04.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.3332 dividend. The ex-dividend date was Thursday, September 24th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 annualized dividend and a dividend yield of 1.3%.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.