Strategy Asset Managers LLC Trims Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Strategy Asset Managers LLC lessened its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,238 shares of the company’s stock after selling 1,460 shares during the period. Strategy Asset Managers LLC’s holdings in First Trust Capital Strength ETF were worth $2,304,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Kestra Investment Management LLC purchased a new stake in shares of First Trust Capital Strength ETF during the fourth quarter valued at $38,000. Knuff & Co LLC bought a new position in First Trust Capital Strength ETF in the 4th quarter worth about $88,000. Stephens Consulting LLC grew its stake in First Trust Capital Strength ETF by 20.7% in the 4th quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after acquiring an additional 183 shares in the last quarter. Lee Danner & Bass Inc. purchased a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth approximately $99,000. Finally, Thompson Investment Management Inc. bought a new stake in shares of First Trust Capital Strength ETF during the fourth quarter valued at approximately $116,000.

First Trust Capital Strength ETF Stock Down 0.9 %

Shares of NASDAQ:FTCS opened at $88.61 on Friday. The business’s 50 day moving average is $89.69 and its 200 day moving average is $90.18. The stock has a market cap of $8.72 billion, a P/E ratio of 23.46 and a beta of 0.86. First Trust Capital Strength ETF has a 52-week low of $81.16 and a 52-week high of $94.23.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.2159 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 0.97%.

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).