Waterloo Capital L.P. Reduces Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Waterloo Capital L.P. lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 45,467 shares of the company’s stock after selling 1,729 shares during the period. Waterloo Capital L.P.’s holdings in First Trust Capital Strength ETF were worth $3,993,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tcfg Wealth Management LLC lifted its stake in shares of First Trust Capital Strength ETF by 0.4% in the fourth quarter. Tcfg Wealth Management LLC now owns 32,202 shares of the company’s stock worth $2,828,000 after buying an additional 115 shares in the last quarter. Moors & Cabot Inc. lifted its stake in First Trust Capital Strength ETF by 2.7% in the 4th quarter. Moors & Cabot Inc. now owns 4,720 shares of the company’s stock worth $414,000 after purchasing an additional 122 shares in the last quarter. Tyler Stone Wealth Management boosted its holdings in shares of First Trust Capital Strength ETF by 1.1% during the 4th quarter. Tyler Stone Wealth Management now owns 11,923 shares of the company’s stock worth $1,047,000 after purchasing an additional 134 shares during the last quarter. Focus Financial Network Inc. grew its position in shares of First Trust Capital Strength ETF by 1.4% in the fourth quarter. Focus Financial Network Inc. now owns 10,853 shares of the company’s stock valued at $953,000 after purchasing an additional 154 shares in the last quarter. Finally, Keybank National Association OH increased its holdings in shares of First Trust Capital Strength ETF by 6.5% in the fourth quarter. Keybank National Association OH now owns 2,717 shares of the company’s stock valued at $239,000 after purchasing an additional 166 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $83.97 on Friday. First Trust Capital Strength ETF has a fifty-two week low of $81.16 and a fifty-two week high of $94.23. The firm has a market capitalization of $7.99 billion, a P/E ratio of 23.46 and a beta of 0.86. The stock’s fifty day moving average is $89.55 and its two-hundred day moving average is $90.13.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.2159 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Thursday, March 27th.

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).