LPL Financial LLC Decreases Stock Holdings in First Trust Capital Strength ETF $FTCS

LPL Financial LLC trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCSFree Report) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,679,621 shares of the company’s stock after selling 397,912 shares during the period. LPL Financial LLC owned 0.09% of First Trust Capital Strength ETF worth $710,454,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of FTCS. Concentrum Wealth Management increased its holdings in shares of First Trust Capital Strength ETF by 5.1% during the third quarter. Concentrum Wealth Management now owns 109,417 shares of the company’s stock valued at $10,246,000 after acquiring an additional 5,341 shares in the last quarter. Holos Integrated Wealth LLC purchased a new position in shares of First Trust Capital Strength ETF in the 4th quarter valued at approximately $1,105,000. Crux Wealth Advisors raised its position in shares of First Trust Capital Strength ETF by 392.8% in the 4th quarter. Crux Wealth Advisors now owns 30,872 shares of the company’s stock valued at $2,856,000 after purchasing an additional 24,608 shares during the last quarter. Stillwater Wealth Management Group purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at approximately $1,606,000. Finally, HUB Investment Partners LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at approximately $1,947,000.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock opened at $93.72 on Monday. The firm has a market capitalization of $7.85 billion, a P/E ratio of 21.51 and a beta of 0.71. The company has a 50 day moving average price of $93.27 and a 200 day moving average price of $94.30. First Trust Capital Strength ETF has a 52 week low of $88.70 and a 52 week high of $99.74.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.2873 dividend. This represents a $1.15 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 26th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

About First Trust Capital Strength ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Capital Strength ETF (NASDAQ:FTCS)

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