First Trust Capital Strength ETF $FTCS Shares Sold by BlueChip Wealth Advisors LLC

BlueChip Wealth Advisors LLC trimmed its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 68.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,226 shares of the company’s stock after selling 13,785 shares during the quarter. BlueChip Wealth Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $583,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in FTCS. EverSource Wealth Advisors LLC raised its stake in shares of First Trust Capital Strength ETF by 492.0% in 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 in the last quarter. Davis Capital Management bought a new stake in First Trust Capital Strength ETF in the third quarter valued at about $28,000. Princeton Global Asset Management LLC bought a new stake in First Trust Capital Strength ETF in the third quarter valued at about $29,000. Mather Group LLC. acquired a new stake in First Trust Capital Strength ETF during the third quarter valued at approximately $30,000. Finally, Root Financial Partners LLC bought a new position in First Trust Capital Strength ETF during the 3rd quarter worth approximately $37,000.

First Trust Capital Strength ETF Trading Down 0.5%

Shares of FTCS opened at $98.31 on Wednesday. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. The stock has a 50 day moving average of $94.65 and a 200-day moving average of $93.20. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $99.21.

First Trust Capital Strength ETF Increases Dividend

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

About First Trust Capital Strength ETF

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.