First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. decreased its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 7.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,070 shares of the company’s stock after selling 3,241 shares during the period. First Trust Capital Strength ETF comprises approximately 1.8% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 19th largest position. Wetzel Investment Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $3,592,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Merit Financial Group LLC acquired a new position in shares of First Trust Capital Strength ETF during the first quarter worth $200,000. US Bancorp DE grew its stake in shares of First Trust Capital Strength ETF by 7.5% during the fourth quarter. US Bancorp DE now owns 10,880 shares of the company’s stock worth $955,000 after purchasing an additional 761 shares in the last quarter. Wealthfront Advisers LLC acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth $59,656,000. Thrivent Financial for Lutherans acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth $250,000. Finally, Fisher Asset Management LLC grew its stake in shares of First Trust Capital Strength ETF by 36.6% during the fourth quarter. Fisher Asset Management LLC now owns 3,749 shares of the company’s stock worth $329,000 after purchasing an additional 1,005 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $88.94 on Monday. The firm has a fifty day moving average price of $89.40 and a 200 day moving average price of $89.07. The company has a market cap of $8.30 billion, a P/E 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 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.2159 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.86 annualized dividend and a yield of 0.97%.

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).