Virtus Wealth Solutions LLC Cuts Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Virtus Wealth Solutions LLC lowered its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 117,355 shares of the company’s stock after selling 2,578 shares during the quarter. First Trust Capital Strength ETF comprises 3.2% of Virtus Wealth Solutions LLC’s investment portfolio, making the stock its 6th largest holding. Virtus Wealth Solutions LLC’s holdings in First Trust Capital Strength ETF were worth $10,520,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Siligmueller & Norvid Wealth Advisors LLC bought a new stake in First Trust Capital Strength ETF in the fourth quarter valued at $6,473,000. Kovack Advisors Inc. raised its stake in First Trust Capital Strength ETF by 13.1% during the 4th quarter. Kovack Advisors Inc. now owns 9,841 shares of the company’s stock worth $864,000 after buying an additional 1,140 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in First Trust Capital Strength ETF by 5.4% in the fourth quarter. Oppenheimer & Co. Inc. now owns 154,264 shares of the company’s stock worth $13,547,000 after acquiring an additional 7,931 shares in the last quarter. Brueske Advisory Services LLC acquired a new stake in First Trust Capital Strength ETF in the fourth quarter valued at approximately $3,806,000. Finally, Private Trust Co. NA increased its holdings in shares of First Trust Capital Strength ETF by 15.2% during the fourth quarter. Private Trust Co. NA now owns 15,608 shares of the company’s stock valued at $1,371,000 after acquiring an additional 2,055 shares in the last quarter.

First Trust Capital Strength ETF Stock Down 0.8%

Shares of FTCS opened at $89.74 on Thursday. The business’s fifty day moving average is $89.59 and its 200 day moving average is $89.07. First Trust Capital Strength ETF has a 12-month low of $80.66 and a 12-month high of $94.23. The stock has a market cap of $8.38 billion, a P/E ratio of 22.61 and a beta of 0.86.

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).