Sigma Planning Corp Has $4.23 Million Stake in First Trust Capital Strength ETF $FTCS

Sigma Planning Corp lowered its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 19.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,170 shares of the company’s stock after selling 10,742 shares during the quarter. Sigma Planning Corp owned 0.05% of First Trust Capital Strength ETF worth $4,230,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FTCS. EverSource Wealth Advisors LLC grew its holdings in First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares during the period. Davis Capital Management bought a new position in shares of First Trust Capital Strength ETF during the 3rd quarter worth about $28,000. Princeton Global Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF during the 3rd quarter worth about $29,000. Mather Group LLC. acquired a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $30,000. Finally, Root Financial Partners LLC bought a new stake in First Trust Capital Strength ETF in the 3rd quarter valued at about $37,000.

First Trust Capital Strength ETF Stock Performance

FTCS stock opened at $98.06 on Monday. The stock’s 50 day simple moving average is $95.52 and its 200 day simple moving average is $93.57. The company has a market cap of $8.39 billion, a P/E ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $99.21.

First Trust Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.2607 dividend. The ex-dividend date was Friday, December 12th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

About First Trust Capital Strength ETF

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.