Gladstone Institutional Advisory LLC Cuts Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Gladstone Institutional Advisory LLC decreased its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,950 shares of the company’s stock after selling 1,803 shares during the period. Gladstone Institutional Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $2,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in First Trust Capital Strength ETF by 8,647.9% during the third quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock valued at $283,718,000 after purchasing an additional 3,088,928 shares in the last quarter. Benjamin Edwards Inc. raised its position in shares of First Trust Capital Strength ETF by 2,428.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 215,459 shares of the company’s stock worth $19,566,000 after purchasing an additional 206,936 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in First Trust Capital Strength ETF in the 4th quarter valued at about $18,046,000. Golden State Wealth Management LLC acquired a new stake in First Trust Capital Strength ETF in the 4th quarter worth about $10,509,000. Finally, Plotkin Financial Advisors LLC purchased a new stake in First Trust Capital Strength ETF during the 3rd quarter worth approximately $6,569,000.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock opened at $89.68 on Thursday. The stock has a market capitalization of $8.83 billion, a P/E ratio of 21.52 and a beta of 0.86. The business has a 50 day simple moving average of $89.28 and a two-hundred day simple moving average of $89.87. First Trust Capital Strength ETF has a 12 month low of $81.07 and a 12 month high of $94.23.

First Trust Capital Strength ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.4043 dividend. The ex-dividend date was Friday, December 13th.

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).