ForthRight Wealth Management LLC Trims Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

ForthRight Wealth Management LLC cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,401 shares of the company’s stock after selling 678 shares during the quarter. First Trust Capital Strength ETF comprises approximately 0.7% of ForthRight Wealth Management LLC’s portfolio, making the stock its 24th largest holding. ForthRight Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $2,143,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of First Trust Capital Strength ETF by 4.7% during the fourth quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock worth $818,000 after buying an additional 419 shares during the last quarter. Fisher Asset Management LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at approximately $249,000. Sequoia Financial Advisors LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at approximately $401,000. Truvestments Capital LLC acquired a new position in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $2,714,000. Finally, Concurrent Investment Advisors LLC raised its stake in shares of First Trust Capital Strength ETF by 18.8% during the third quarter. Concurrent Investment Advisors LLC now owns 348,993 shares of the company’s stock worth $31,689,000 after purchasing an additional 55,142 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

NASDAQ:FTCS opened at $89.84 on Wednesday. The firm has a market cap of $8.90 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The firm’s fifty day moving average price is $90.11 and its 200 day moving average price is $89.33. First Trust Capital Strength ETF has a 1-year low of $80.44 and a 1-year high of $94.23.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.4043 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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).