First Trust Capital Strength ETF $FTCS Position Reduced by Plotkin Financial Advisors LLC

Plotkin Financial Advisors LLC decreased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 68,972 shares of the company’s stock after selling 2,271 shares during the period. First Trust Capital Strength ETF comprises approximately 3.5% of Plotkin Financial Advisors LLC’s portfolio, making the stock its 9th biggest holding. Plotkin Financial Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $6,269,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. boosted its position in shares of First Trust Capital Strength ETF by 503.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock worth $200,305,000 after buying an additional 1,864,116 shares in the last quarter. Cetera Investment Advisers purchased a new position in First Trust Capital Strength ETF during the 1st quarter valued at about $131,493,000. Jones Financial Companies Lllp raised its position in First Trust Capital Strength ETF by 74.0% during the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock worth $38,148,000 after acquiring an additional 183,074 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 78.9% in the second quarter. Vestmark Advisory Solutions Inc. now owns 322,546 shares of the company’s stock valued at $29,316,000 after purchasing an additional 142,229 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of First Trust Capital Strength ETF by 1.6% in the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock valued at $687,036,000 after purchasing an additional 121,726 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of FTCS opened at $91.70 on Friday. The firm has a 50 day simple moving average of $92.62 and a 200-day simple moving average of $91.68. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $94.37. The stock has a market cap of $8.21 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

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

About First Trust Capital Strength ETF

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).