American Financial Advisors LLC cut its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS – Free Report) by 2.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 360,931 shares of the company’s stock after selling 7,581 shares during the period. First Trust Capital Strength ETF makes up 4.5% of American Financial Advisors LLC’s holdings, making the stock its 10th biggest holding. American Financial Advisors LLC owned approximately 0.43% of First Trust Capital Strength ETF worth $33,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also made changes to their positions in the company. Crux Wealth Advisors lifted its stake in First Trust Capital Strength ETF by 392.8% during the 4th quarter. Crux Wealth Advisors now owns 30,872 shares of the company’s stock worth $2,856,000 after acquiring an additional 24,608 shares in the last quarter. tru Independence LLC boosted its holdings in First Trust Capital Strength ETF by 8.3% during the 4th quarter. tru Independence LLC now owns 177,567 shares of the company’s stock valued at $16,427,000 after acquiring an additional 13,662 shares during the period. Plus Group Wealth Advisors LLC acquired a new position in First Trust Capital Strength ETF in the 4th quarter valued at about $1,675,000. Merit Financial Group LLC acquired a new position in First Trust Capital Strength ETF in the 4th quarter valued at about $10,376,000. Finally, Galvin Gaustad & Stein LLC purchased a new stake in First Trust Capital Strength ETF during the fourth quarter worth about $973,000.
First Trust Capital Strength ETF Stock Up 0.1%
First Trust Capital Strength ETF stock opened at $95.98 on Thursday. First Trust Capital Strength ETF has a 52-week low of $89.76 and a 52-week high of $99.74. The firm has a market cap of $9.07 billion, a PE ratio of 21.51 and a beta of 0.71. The company’s 50 day moving average is $94.53 and its two-hundred day moving average is $94.92.
First Trust Capital Strength ETF Cuts Dividend
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.
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