Good Life Advisors LLC Has $5.44 Million Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Good Life Advisors LLC lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 12.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 61,948 shares of the company’s stock after selling 8,408 shares during the period. Good Life Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $5,440,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Flagstar Advisors Inc. boosted its position in First Trust Capital Strength ETF by 30.3% during the fourth quarter. Flagstar Advisors Inc. now owns 2,921 shares of the company’s stock worth $257,000 after purchasing an additional 679 shares during the period. Global Retirement Partners LLC boosted its position in shares of First Trust Capital Strength ETF by 1.1% in the fourth quarter. Global Retirement Partners LLC now owns 33,247 shares of the company’s stock valued at $2,920,000 after acquiring an additional 362 shares during the period. Proactive Wealth Strategies LLC boosted its position in shares of First Trust Capital Strength ETF by 49.0% in the fourth quarter. Proactive Wealth Strategies LLC now owns 9,542 shares of the company’s stock valued at $838,000 after acquiring an additional 3,137 shares during the period. Kestra Investment Management LLC bought a new stake in shares of First Trust Capital Strength ETF in the fourth quarter valued at approximately $38,000. Finally, D.A. Davidson & CO. boosted its position in shares of First Trust Capital Strength ETF by 4.6% in the fourth quarter. D.A. Davidson & CO. now owns 351,245 shares of the company’s stock valued at $30,846,000 after acquiring an additional 15,419 shares during the period.

First Trust Capital Strength ETF Trading Up 0.4 %

FTCS opened at $89.75 on Wednesday. First Trust Capital Strength ETF has a 1-year low of $81.16 and a 1-year high of $94.23. The stock has a market capitalization of $8.84 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The business has a 50 day moving average of $89.12 and a 200-day moving average of $89.95.

First Trust Capital Strength ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given 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).