Prospera Financial Services Inc Lowers Stock Position in First Trust Capital Strength ETF $FTCS

Prospera Financial Services Inc cut its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 25.8% during the 3rd quarter, Holdings Channel reports. The firm owned 172,756 shares of the company’s stock after selling 60,147 shares during the quarter. Prospera Financial Services Inc’s holdings in First Trust Capital Strength ETF were worth $16,189,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its holdings in shares of First Trust Capital Strength ETF by 93.9% in the first quarter. AQR Capital Management LLC now owns 5,690 shares of the company’s stock valued at $510,000 after acquiring an additional 2,755 shares in the last quarter. US Bancorp DE boosted its position in First Trust Capital Strength ETF by 26.5% in the second quarter. US Bancorp DE now owns 19,020 shares of the company’s stock worth $1,729,000 after purchasing an additional 3,980 shares during the last quarter. Blue Trust Inc. grew its stake in First Trust Capital Strength ETF by 10.2% in the 2nd quarter. Blue Trust Inc. now owns 2,316 shares of the company’s stock valued at $210,000 after purchasing an additional 215 shares during the period. Fifth Third Wealth Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter valued at $206,000. Finally, Hazlett Burt & Watson Inc. increased its position in shares of First Trust Capital Strength ETF by 26.4% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 618 shares of the company’s stock valued at $56,000 after purchasing an additional 129 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $98.76 on Tuesday. The company has a market capitalization of $8.45 billion, a P/E ratio of 21.51 and a beta of 0.80. The company’s 50-day moving average is $94.53 and its 200 day moving average is $93.15. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $99.21.

First Trust Capital Strength ETF Increases Dividend

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

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.