Dynamic Advisor Solutions LLC Decreases Holdings in First Trust Capital Strength ETF $FTCS

Dynamic Advisor Solutions LLC trimmed its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 40.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 27,124 shares of the company’s stock after selling 18,377 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in First Trust Capital Strength ETF were worth $2,509,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its holdings in shares of First Trust Capital Strength ETF by 492.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares during the last quarter. Davis Capital Management bought a new stake in First Trust Capital Strength ETF in the third quarter worth $28,000. BOKF NA bought a new stake in First Trust Capital Strength ETF in the third quarter worth $28,000. Princeton Global Asset Management LLC purchased a new stake in First Trust Capital Strength ETF during the third quarter valued at about $29,000. Finally, Mather Group LLC. purchased a new stake in First Trust Capital Strength ETF during the third quarter valued at about $30,000.

First Trust Capital Strength ETF Trading Down 0.1%

Shares of NASDAQ:FTCS opened at $92.58 on Wednesday. The stock has a market capitalization of $7.92 billion, a P/E ratio of 21.51 and a beta of 0.80. The stock’s 50-day moving average price is $96.62 and its 200-day moving average price is $94.06. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $99.74.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.