Ameritas Advisory Services LLC Cuts Position in First Trust Capital Strength ETF $FTCS

Ameritas Advisory Services LLC lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 80.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,882 shares of the company’s stock after selling 47,564 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust Capital Strength ETF were worth $1,099,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Two Sigma Investments LP raised its holdings in shares of First Trust Capital Strength ETF by 1,226.4% in the 3rd 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 period. Merit Financial Group LLC bought a new stake in shares of First Trust Capital Strength ETF in the 4th quarter worth approximately $10,376,000. Jones Financial Companies Lllp raised its holdings in shares of First Trust Capital Strength ETF by 19.9% in the 3rd 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 period. Elevation Point Wealth Partners LLC bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth approximately $5,583,000. Finally, Qube Research & Technologies Ltd raised its holdings in shares of First Trust Capital Strength ETF by 491.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 68,187 shares of the company’s stock worth $6,198,000 after purchasing an additional 56,664 shares during the period.

First Trust Capital Strength ETF Trading Down 0.2%

NASDAQ:FTCS opened at $92.50 on Friday. The stock has a market capitalization of $7.75 billion, a PE ratio of 21.51 and a beta of 0.73. The firm’s 50 day moving average is $93.54 and its 200 day moving average is $94.09. First Trust Capital Strength ETF has a 12 month low of $88.70 and a 12 month high of $99.74.

First Trust Capital Strength ETF Increases Dividend

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

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.