Avior Wealth Management LLC Has $4.58 Million Stake in First Trust Capital Strength ETF $FTCS

Avior Wealth Management LLC reduced its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,429 shares of the company’s stock after selling 1,588 shares during the period. Avior Wealth Management LLC owned approximately 0.05% of First Trust Capital Strength ETF worth $4,583,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. LPL Financial LLC lifted its stake in First Trust Capital Strength ETF by 1.6% during the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock worth $687,036,000 after purchasing an additional 121,726 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of First Trust Capital Strength ETF by 503.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock valued at $200,305,000 after acquiring an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of First Trust Capital Strength ETF in the 1st quarter valued at $131,493,000. GAMMA Investing LLC lifted its stake in shares of First Trust Capital Strength ETF by 9,212.3% in the 1st quarter. GAMMA Investing LLC now owns 867,626 shares of the company’s stock valued at $77,774,000 after acquiring an additional 858,309 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of First Trust Capital Strength ETF by 74.0% in the 1st quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock valued at $38,148,000 after acquiring an additional 183,074 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS opened at $92.86 on Friday. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $94.37. The stock has a market capitalization of $8.51 billion, a price-to-earnings ratio of 21.51 and a beta of 0.86. The stock has a fifty day moving average of $92.42 and a 200-day moving average of $90.32.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, September 25th will be issued a $0.2527 dividend. The ex-dividend date is Thursday, September 25th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 dividend on an annualized basis and a yield of 1.1%.

About First Trust Capital Strength ETF

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).