First Trust Capital Strength ETF $FTCS Shares Sold by Waterfront Wealth Inc.

Waterfront Wealth Inc. lessened its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,939 shares of the company’s stock after selling 406 shares during the period. Waterfront Wealth Inc.’s holdings in First Trust Capital Strength ETF were worth $3,721,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. LPL Financial LLC boosted its stake in First Trust Capital Strength ETF by 1.6% in the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock valued at $687,036,000 after acquiring an additional 121,726 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of First Trust Capital Strength ETF by 503.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after buying an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers purchased a new stake in shares of First Trust Capital Strength ETF in the first quarter valued at about $131,493,000. Truist Financial Corp raised its holdings in shares of First Trust Capital Strength ETF by 0.4% in the second quarter. Truist Financial Corp now owns 571,494 shares of the company’s stock valued at $51,943,000 after buying an additional 2,171 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of First Trust Capital Strength ETF by 5.9% in the second quarter. Concurrent Investment Advisors LLC now owns 441,872 shares of the company’s stock valued at $40,162,000 after buying an additional 24,798 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $92.82 on Wednesday. The company has a 50-day simple moving average of $93.04 and a 200-day simple moving average of $91.25. First Trust Capital Strength ETF has a one year low of $80.65 and a one year high of $94.37. The stock has a market capitalization of $8.32 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.2527 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%.

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).