First Trust Capital Strength ETF $FTCS Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. decreased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 980,540 shares of the company’s stock after selling 30,925 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $90,711,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of FTCS. Two Sigma Investments LP increased its position in First Trust Capital Strength ETF by 1,226.4% during the third quarter. Two Sigma Investments LP now owns 286,500 shares of the company’s stock worth $26,828,000 after purchasing an additional 264,900 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in First Trust Capital Strength ETF by 39.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 462,385 shares of the company’s stock worth $42,775,000 after purchasing an additional 131,322 shares during the last quarter. Merit Financial Group LLC acquired a new position in First Trust Capital Strength ETF during the fourth quarter worth approximately $10,376,000. Jones Financial Companies Lllp increased its position in First Trust Capital Strength ETF by 19.9% during the third quarter. Jones Financial Companies Lllp now owns 665,115 shares of the company’s stock worth $61,760,000 after purchasing an additional 110,480 shares during the last quarter. Finally, Summit Wealth Group LLC Co. acquired a new position in First Trust Capital Strength ETF during the fourth quarter worth approximately $9,521,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $92.50 on Friday. First Trust Capital Strength ETF has a one year low of $88.70 and a one year high of $99.74. The company has a 50 day moving average price of $93.54 and a 200 day moving average price of $94.09. The firm has a market capitalization of $7.75 billion, a price-to-earnings ratio of 21.51 and a beta of 0.73.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.2873 per share. This represents a $1.15 annualized dividend and a yield of 1.2%. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, March 26th.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.