First Trust Capital Strength ETF $FTCS Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC lowered its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,724 shares of the company’s stock after selling 119 shares during the period. Belpointe Asset Management LLC’s holdings in First Trust Capital Strength ETF were worth $338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $25,000. CENTRAL TRUST Co acquired a new stake in shares of First Trust Capital Strength ETF during the 1st quarter worth approximately $29,000. Abound Wealth Management acquired a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $32,000. Flaharty Asset Management LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 1st quarter worth approximately $37,000. Finally, BankPlus Trust Department increased its holdings in shares of First Trust Capital Strength ETF by 145.1% during the 1st quarter. BankPlus Trust Department now owns 429 shares of the company’s stock worth $38,000 after buying an additional 254 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $92.40 on Friday. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $94.37. The company has a 50 day simple moving average of $92.81 and a 200-day simple moving average of $90.65. The company has a market capitalization of $8.33 billion, a P/E ratio of 21.51 and a beta of 0.86.

First Trust Capital Strength ETF Increases Dividend

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

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).