Kestra Private Wealth Services LLC Sells 26,430 Shares of First Trust Capital Strength ETF $FTCS

Kestra Private Wealth Services LLC cut its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 31.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 57,534 shares of the company’s stock after selling 26,430 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Capital Strength ETF were worth $5,337,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FTCS. 25 LLC bought a new stake in shares of First Trust Capital Strength ETF in the 1st quarter valued at about $200,000. RFG Advisory LLC raised its stake in shares of First Trust Capital Strength ETF by 115.9% during the 1st quarter. RFG Advisory LLC now owns 46,900 shares of the company’s stock worth $4,350,000 after acquiring an additional 25,182 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in First Trust Capital Strength ETF by 10.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 186,690 shares of the company’s stock valued at $17,271,000 after acquiring an additional 18,411 shares during the last quarter. World Investment Advisors boosted its stake in First Trust Capital Strength ETF by 17.5% in the fourth quarter. World Investment Advisors now owns 52,736 shares of the company’s stock valued at $4,879,000 after acquiring an additional 7,853 shares in the last quarter. Finally, Advisortrust Partners LLC purchased a new position in First Trust Capital Strength ETF in the fourth quarter worth $443,000.

First Trust Capital Strength ETF Trading Up 0.8%

Shares of FTCS stock opened at $93.99 on Friday. The business’s fifty day simple moving average is $93.41 and its 200-day simple moving average is $94.48. The company has a market cap of $7.88 billion, a PE ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a 12-month low of $89.39 and a 12-month high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be given a dividend of $0.2636 per share. This represents a $1.05 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 25th.

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.