Sargent Investment Group LLC Decreases Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Sargent Investment Group LLC trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,699 shares of the company’s stock after selling 3,648 shares during the period. First Trust Capital Strength ETF accounts for 2.6% of Sargent Investment Group LLC’s portfolio, making the stock its 9th largest holding. Sargent Investment Group LLC’s holdings in First Trust Capital Strength ETF were worth $11,982,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Mendel Capital Management LLC grew its stake in First Trust Capital Strength ETF by 24.1% during the fourth quarter. Mendel Capital Management LLC now owns 3,746 shares of the company’s stock valued at $300,000 after acquiring an additional 728 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in First Trust Capital Strength ETF by 7.1% during the third quarter. Integrated Wealth Concepts LLC now owns 131,718 shares of the company’s stock valued at $9,698,000 after acquiring an additional 8,784 shares in the last quarter. Triumph Capital Management grew its stake in First Trust Capital Strength ETF by 18.2% during the third quarter. Triumph Capital Management now owns 51,607 shares of the company’s stock valued at $3,800,000 after acquiring an additional 7,951 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in First Trust Capital Strength ETF by 42.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 81,141 shares of the company’s stock valued at $6,452,000 after acquiring an additional 24,262 shares in the last quarter. Finally, ABLE Financial Group LLC grew its stake in shares of First Trust Capital Strength ETF by 1.6% in the 4th quarter. ABLE Financial Group LLC now owns 214,529 shares of the company’s stock worth $17,171,000 after buying an additional 3,444 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS traded down $0.22 on Friday, reaching $82.21. The company’s stock had a trading volume of 251,062 shares, compared to its average volume of 347,856. First Trust Capital Strength ETF has a 52-week low of $70.91 and a 52-week high of $85.89. The company has a market cap of $8.64 billion, a P/E ratio of 21.13 and a beta of 0.86. The company has a 50-day simple moving average of $83.76 and a 200 day simple moving average of $80.10.

First Trust Capital Strength ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.2247 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.09%.

First Trust Capital Strength ETF Company 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).