First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by BlueChip Wealth Advisors LLC

BlueChip Wealth Advisors LLC lessened its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,845 shares of the company’s stock after selling 2,642 shares during the quarter. First Trust Capital Strength ETF makes up approximately 1.1% of BlueChip Wealth Advisors LLC’s holdings, making the stock its 23rd biggest holding. BlueChip Wealth Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $1,918,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Kestra Investment Management LLC bought a new stake in First Trust Capital Strength ETF during the fourth quarter valued at $38,000. Knuff & Co LLC bought a new stake in shares of First Trust Capital Strength ETF during the 4th quarter valued at about $88,000. Stephens Consulting LLC raised its stake in First Trust Capital Strength ETF by 20.7% during the fourth quarter. Stephens Consulting LLC now owns 1,069 shares of the company’s stock worth $94,000 after acquiring an additional 183 shares during the period. Lee Danner & Bass Inc. bought a new position in First Trust Capital Strength ETF in the fourth quarter worth about $99,000. Finally, Thompson Investment Management Inc. acquired a new position in First Trust Capital Strength ETF in the fourth quarter valued at approximately $116,000.

First Trust Capital Strength ETF Trading Down 0.9 %

Shares of First Trust Capital Strength ETF stock opened at $88.61 on Friday. The stock has a market capitalization of $8.72 billion, a price-to-earnings ratio of 23.46 and a beta of 0.86. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23. The business’s 50 day simple moving average is $89.69 and its 200-day simple moving average is $90.18.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $0.2159 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 0.97%.

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).