Kestra Advisory Services LLC Grows Stock Holdings in First Trust Capital Strength ETF $FTCS

Kestra Advisory Services LLC raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,906 shares of the company’s stock after buying an additional 16,831 shares during the period. Kestra Advisory Services LLC owned about 0.48% of First Trust Capital Strength ETF worth $37,188,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FTCS. Holos Integrated Wealth LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 4th quarter worth about $1,105,000. Stillwater Wealth Management Group acquired a new position in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $1,606,000. Crux Wealth Advisors raised its position in shares of First Trust Capital Strength ETF by 392.8% in the fourth quarter. Crux Wealth Advisors now owns 30,872 shares of the company’s stock valued at $2,856,000 after buying an additional 24,608 shares during the last quarter. tru Independence LLC lifted its stake in shares of First Trust Capital Strength ETF by 8.3% during the fourth quarter. tru Independence LLC now owns 177,567 shares of the company’s stock valued at $16,427,000 after buying an additional 13,662 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its stake in shares of First Trust Capital Strength ETF by 30.4% during the third quarter. Ausdal Financial Partners Inc. now owns 36,429 shares of the company’s stock valued at $3,411,000 after buying an additional 8,488 shares during the period.

First Trust Capital Strength ETF Price Performance

FTCS stock traded up $0.41 during midday trading on Friday, hitting $96.61. The stock had a trading volume of 456,597 shares, compared to its average volume of 594,740. The company’s 50-day moving average price is $93.92 and its 200 day moving average price is $94.73. The firm has a market cap of $7.86 billion, a PE ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a 12-month low of $89.39 and a 12-month high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.2636 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.1%.

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.