Western Wealth Management LLC Reduces Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Western Wealth Management LLC decreased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 19.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,822 shares of the company’s stock after selling 27,674 shares during the quarter. First Trust Capital Strength ETF accounts for about 0.7% of Western Wealth Management LLC’s holdings, making the stock its 28th biggest position. Western Wealth Management LLC owned about 0.12% of First Trust Capital Strength ETF worth $10,293,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Sequoia Financial Advisors LLC raised its stake in shares of First Trust Capital Strength ETF by 6.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,736 shares of the company’s stock worth $425,000 after buying an additional 298 shares during the last quarter. HBK Sorce Advisory LLC grew its stake in First Trust Capital Strength ETF by 5.5% in the 1st quarter. HBK Sorce Advisory LLC now owns 220,563 shares of the company’s stock valued at $19,771,000 after acquiring an additional 11,589 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in First Trust Capital Strength ETF by 96.9% during the 1st quarter. Golden State Wealth Management LLC now owns 235,591 shares of the company’s stock valued at $21,119,000 after acquiring an additional 115,931 shares in the last quarter. Spire Wealth Management acquired a new position in First Trust Capital Strength ETF during the first quarter worth about $756,000. Finally, Daymark Wealth Partners LLC raised its position in First Trust Capital Strength ETF by 0.6% during the first quarter. Daymark Wealth Partners LLC now owns 30,943 shares of the company’s stock worth $2,774,000 after acquiring an additional 183 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $89.74 on Thursday. The firm’s 50-day moving average is $89.59 and its two-hundred day moving average is $89.07. The company has a market capitalization of $8.38 billion, a PE ratio of 22.61 and a beta of 0.86. First Trust Capital Strength ETF has a 12-month low of $80.66 and a 12-month high of $94.23.

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).