Koshinski Asset Management Inc. Has $844,000 Position in First Trust Capital Strength ETF $FTCS

Koshinski Asset Management Inc. lowered its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,290 shares of the company’s stock after selling 116 shares during the quarter. Koshinski Asset Management Inc.’s holdings in First Trust Capital Strength ETF were worth $844,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of FTCS. Goldman Sachs Group Inc. boosted its holdings 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 valued at $200,305,000 after purchasing an additional 1,864,116 shares in the last quarter. Cetera Investment Advisers acquired a new stake in shares of First Trust Capital Strength ETF in the 1st quarter valued at $131,493,000. Jones Financial Companies Lllp boosted its holdings in shares of First Trust Capital Strength ETF by 74.0% in the 1st quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock valued at $38,148,000 after purchasing an additional 183,074 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of First Trust Capital Strength ETF by 1.6% in the 1st 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. Finally, Golden State Wealth Management LLC boosted its holdings in shares of First Trust Capital Strength ETF by 96.9% in the 1st quarter. Golden State Wealth Management LLC now owns 235,591 shares of the company’s stock valued at $21,119,000 after purchasing an additional 115,931 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock opened at $92.79 on Monday. The stock’s fifty day moving average price is $92.93 and its two-hundred day moving average price is $90.79. The company has a market cap of $8.34 billion, a PE ratio of 21.51 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $94.37.

First Trust Capital Strength ETF Increases Dividend

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

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).