AE Wealth Management LLC Cuts Stock Holdings in First Trust Capital Strength ETF $FTCS

AE Wealth Management LLC decreased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 43.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,338 shares of the company’s stock after selling 38,876 shares during the quarter. AE Wealth Management LLC owned approximately 0.06% of First Trust Capital Strength ETF worth $4,666,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in FTCS. Jones Financial Companies Lllp boosted 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 worth $38,148,000 after buying an additional 183,074 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in First Trust Capital Strength ETF by 16.0% during the first quarter. NewEdge Advisors LLC now owns 201,010 shares of the company’s stock worth $18,019,000 after acquiring an additional 27,742 shares during the period. Heck Capital Advisors LLC lifted its holdings in First Trust Capital Strength ETF by 15.9% during the second quarter. Heck Capital Advisors LLC now owns 230,609 shares of the company’s stock worth $20,960,000 after acquiring an additional 31,579 shares during the period. SteelPeak Wealth LLC purchased a new position in First Trust Capital Strength ETF in the second quarter worth $203,000. Finally, Lokken Investment Group LLC grew its stake in First Trust Capital Strength ETF by 3.9% in the 1st quarter. Lokken Investment Group LLC now owns 48,959 shares of the company’s stock valued at $4,389,000 after purchasing an additional 1,855 shares during the period.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ:FTCS opened at $91.64 on Tuesday. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $94.37. The company has a market capitalization of $8.21 billion, a PE ratio of 21.51 and a beta of 0.80. The business has a fifty day moving average price of $92.69 and a two-hundred day moving average price of $91.57.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.2527 per share. The ex-dividend date was Thursday, September 25th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 annualized dividend and a yield of 1.1%.

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).