Purus Wealth Management LLC Has $4.74 Million Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Purus Wealth Management LLC cut its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 56,447 shares of the company’s stock after selling 385 shares during the quarter. First Trust Capital Strength ETF makes up about 2.1% of Purus Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Purus Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $4,744,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of FTCS. Concentrum Wealth Management increased its position in shares of First Trust Capital Strength ETF by 6.8% during the fourth quarter. Concentrum Wealth Management now owns 76,839 shares of the company’s stock worth $6,150,000 after buying an additional 4,915 shares during the period. Assetmark Inc. increased its position in shares of First Trust Capital Strength ETF by 33.9% during the fourth quarter. Assetmark Inc. now owns 68,708 shares of the company’s stock worth $5,499,000 after buying an additional 17,413 shares during the period. Tidemark LLC acquired a new stake in shares of First Trust Capital Strength ETF during the fourth quarter worth $264,000. SageView Advisory Group LLC acquired a new stake in shares of First Trust Capital Strength ETF during the fourth quarter worth $424,000. Finally, Founders Financial Alliance LLC increased its position in shares of First Trust Capital Strength ETF by 27.8% during the fourth quarter. Founders Financial Alliance LLC now owns 2,948 shares of the company’s stock worth $236,000 after buying an additional 641 shares during the period.

First Trust Capital Strength ETF Stock Down 0.3 %

FTCS opened at $90.60 on Wednesday. The stock has a market cap of $9.12 billion, a PE ratio of 21.52 and a beta of 0.86. The company has a fifty day moving average of $87.64 and a 200-day moving average of $85.16. First Trust Capital Strength ETF has a twelve month low of $71.11 and a twelve month high of $91.17.

First Trust Capital Strength ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a $0.2843 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date was Thursday, June 27th.

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).