Ashton Thomas Private Wealth LLC Cuts Stock Position in First Trust Capital Strength ETF $FTCS

Ashton Thomas Private Wealth LLC trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,927 shares of the company’s stock after selling 699 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in First Trust Capital Strength ETF were worth $1,538,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC boosted its holdings in First Trust Capital Strength ETF by 6.7% in the first quarter. Sequoia Financial Advisors LLC now owns 4,736 shares of the company’s stock valued at $425,000 after purchasing an additional 298 shares in the last quarter. Albion Financial Group UT boosted its holdings in shares of First Trust Capital Strength ETF by 275.2% in the first quarter. Albion Financial Group UT now owns 1,910 shares of the company’s stock valued at $171,000 after acquiring an additional 1,401 shares during the period. Keystone Financial Services LLC lifted its holdings in shares of First Trust Capital Strength ETF by 7.4% during the first quarter. Keystone Financial Services LLC now owns 13,892 shares of the company’s stock worth $1,245,000 after purchasing an additional 952 shares during the period. Rossby Financial LCC acquired a new stake in shares of First Trust Capital Strength ETF during the first quarter worth $89,000. Finally, Arbor Capital Management Inc. ADV lifted its holdings in shares of First Trust Capital Strength ETF by 7.5% during the first quarter. Arbor Capital Management Inc. ADV now owns 10,909 shares of the company’s stock worth $978,000 after purchasing an additional 765 shares during the period.

First Trust Capital Strength ETF Stock Performance

NASDAQ:FTCS opened at $92.82 on Wednesday. The stock has a fifty day moving average price of $93.04 and a two-hundred day moving average price of $91.25. The stock has a market capitalization of $8.32 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.2527 dividend. The ex-dividend date was Thursday, September 25th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. 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).