Envestnet Portfolio Solutions Inc. Sells 31,431 Shares of First Trust Capital Strength ETF $FTCS

Envestnet Portfolio Solutions Inc. lessened its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 60.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,955 shares of the company’s stock after selling 31,431 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Capital Strength ETF were worth $1,962,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FTCS. ERn Financial LLC raised its position in shares of First Trust Capital Strength ETF by 0.8% in the 3rd quarter. ERn Financial LLC now owns 19,741 shares of the company’s stock worth $1,849,000 after acquiring an additional 147 shares in the last quarter. Simplicity Wealth LLC acquired a new stake in First Trust Capital Strength ETF during the third quarter worth approximately $515,000. Triad Wealth Partners LLC acquired a new stake in First Trust Capital Strength ETF during the third quarter worth approximately $349,000. Huntleigh Advisors Inc. increased its holdings in First Trust Capital Strength ETF by 2.0% in the third quarter. Huntleigh Advisors Inc. now owns 5,940 shares of the company’s stock worth $556,000 after purchasing an additional 114 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new position in First Trust Capital Strength ETF in the third quarter valued at approximately $37,000.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock opened at $96.31 on Tuesday. The stock has a market capitalization of $8.26 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 52-week low of $80.65 and a 52-week high of $96.50. The stock’s 50 day moving average price is $93.35 and its two-hundred day moving average price is $92.70.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.2607 dividend. This represents a $1.04 annualized dividend and a yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, December 12th.

First Trust Capital Strength ETF Company 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.