Proactive Wealth Strategies LLC Cuts Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Proactive Wealth Strategies LLC decreased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,374 shares of the company’s stock after selling 168 shares during the period. Proactive Wealth Strategies LLC’s holdings in First Trust Capital Strength ETF were worth $840,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Balboa Wealth Partners lifted its stake in shares of First Trust Capital Strength ETF by 7.0% in the first quarter. Balboa Wealth Partners now owns 3,565 shares of the company’s stock worth $320,000 after buying an additional 233 shares in the last quarter. IMG Wealth Management Inc. raised its holdings in First Trust Capital Strength ETF by 3.1% in the 1st quarter. IMG Wealth Management Inc. now owns 63,603 shares of the company’s stock worth $5,701,000 after acquiring an additional 1,923 shares during the last quarter. Investment Planning Advisors Inc. lifted its position in First Trust Capital Strength ETF by 3.6% in the 1st quarter. Investment Planning Advisors Inc. now owns 10,790 shares of the company’s stock valued at $967,000 after acquiring an additional 373 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in First Trust Capital Strength ETF by 2.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 158,085 shares of the company’s stock valued at $14,171,000 after purchasing an additional 3,821 shares during the last quarter. Finally, MBE Wealth Management LLC purchased a new stake in First Trust Capital Strength ETF during the 1st quarter valued at $214,000.

First Trust Capital Strength ETF Price Performance

FTCS stock opened at $89.89 on Tuesday. The stock has a market capitalization of $8.39 billion, a P/E ratio of 22.61 and a beta of 0.86. First Trust Capital Strength ETF has a 1-year low of $80.66 and a 1-year high of $94.23. The business has a fifty day moving average price of $89.44 and a 200-day moving average price of $89.05.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.2159 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend was Thursday, March 27th.

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).