First Trust Capital Strength ETF $FTCS Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,134,550 shares of the company’s stock after selling 6,615 shares during the quarter. Envestnet Asset Management Inc.’s holdings in First Trust Capital Strength ETF were worth $106,239,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. American Financial Advisors LLC increased its holdings in First Trust Capital Strength ETF by 2.8% in the third quarter. American Financial Advisors LLC now owns 378,332 shares of the company’s stock valued at $35,427,000 after purchasing an additional 10,294 shares during the period. Bank of Montreal Can lifted its stake in First Trust Capital Strength ETF by 547.1% in the second quarter. Bank of Montreal Can now owns 660 shares of the company’s stock valued at $60,000 after buying an additional 558 shares during the period. Randall & Associates Wealth Management lifted its position in shares of First Trust Capital Strength ETF by 4.9% during the 3rd quarter. Randall & Associates Wealth Management now owns 272,526 shares of the company’s stock valued at $25,519,000 after acquiring an additional 12,783 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of First Trust Capital Strength ETF by 14.9% during the third quarter. Arkadios Wealth Advisors now owns 100,380 shares of the company’s stock valued at $9,400,000 after purchasing an additional 13,014 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in First Trust Capital Strength ETF by 76.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 53,051 shares of the company’s stock worth $4,822,000 after buying an additional 22,966 shares during the period.

First Trust Capital Strength ETF Trading Up 1.1%

Shares of FTCS stock opened at $99.10 on Friday. The firm has a fifty day simple moving average of $94.39 and a two-hundred day simple moving average of $93.10. The firm has a market capitalization of $8.48 billion, a PE ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $99.21.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.2607 dividend. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th.

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.