Stratos Wealth Advisors LLC Lowers Holdings in First Trust Capital Strength ETF $FTCS

Stratos Wealth Advisors LLC lowered its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,961 shares of the company’s stock after selling 417 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $724,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of FTCS. Goldman Sachs Group Inc. grew its holdings in shares of First Trust Capital Strength ETF by 503.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock worth $200,305,000 after purchasing an additional 1,864,116 shares during the period. Cetera Investment Advisers purchased a new stake in shares of First Trust Capital Strength ETF during the 1st quarter worth about $131,493,000. Jones Financial Companies Lllp grew its holdings in shares of First Trust Capital Strength ETF by 74.0% during the 1st quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock worth $38,148,000 after purchasing an additional 183,074 shares during the period. LPL Financial LLC grew its holdings in shares of First Trust Capital Strength ETF by 1.6% during the 1st quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock worth $687,036,000 after purchasing an additional 121,726 shares during the period. Finally, Golden State Wealth Management LLC grew its holdings in shares of First Trust Capital Strength ETF by 96.9% during the 1st quarter. Golden State Wealth Management LLC now owns 235,591 shares of the company’s stock worth $21,119,000 after purchasing an additional 115,931 shares during the period.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $92.79 on Monday. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $94.37. The stock has a market capitalization of $8.34 billion, a P/E ratio of 21.51 and a beta of 0.86. The stock has a 50-day simple moving average of $92.93 and a 200-day simple moving average of $90.79.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.2527 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.01 annualized dividend and a yield of 1.1%.

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).