NewEdge Advisors LLC Has $3.70 Million Stake in First Trust Capital Strength ETF $FTCS

NewEdge Advisors LLC decreased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 82.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 39,874 shares of the company’s stock after selling 188,325 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $3,699,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Caitlin John LLC lifted its stake in shares of First Trust Capital Strength ETF by 288.0% in the fourth quarter. Caitlin John LLC now owns 291 shares of the company’s stock valued at $27,000 after buying an additional 216 shares during the period. EverSource Wealth Advisors LLC raised its holdings in First Trust Capital Strength ETF by 492.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after acquiring an additional 246 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 140.0% in the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares during the period. BOKF NA bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth approximately $28,000. Finally, Whittier Trust Co. acquired a new stake in shares of First Trust Capital Strength ETF during the 4th quarter worth approximately $30,000.

First Trust Capital Strength ETF Trading Down 0.2%

Shares of NASDAQ FTCS opened at $100.44 on Thursday. The business has a fifty day simple moving average of $96.32 and a 200 day simple moving average of $95.39. The firm has a market capitalization of $7.97 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a one year low of $89.76 and a one year high of $101.12.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.2636 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.0%.

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