First Trust Capital Strength ETF (NASDAQ:FTCS) Stake Decreased by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC decreased its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 74.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,642 shares of the company’s stock after selling 13,425 shares during the period. Kraft Davis & Associates LLC’s holdings in First Trust Capital Strength ETF were worth $376,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co bought a new stake in First Trust Capital Strength ETF during the third quarter worth approximately $26,000. Wagner Wealth Management LLC raised its holdings in First Trust Capital Strength ETF by 467.5% during the first quarter. Wagner Wealth Management LLC now owns 857 shares of the company’s stock worth $63,000 after purchasing an additional 706 shares in the last quarter. Anchor Investment Management LLC bought a new stake in First Trust Capital Strength ETF during the fourth quarter worth approximately $64,000. Tucker Asset Management LLC increased its holdings in shares of First Trust Capital Strength ETF by 43.6% in the third quarter. Tucker Asset Management LLC now owns 952 shares of the company’s stock valued at $70,000 after buying an additional 289 shares in the last quarter. Finally, SJS Investment Consulting Inc. bought a new position in shares of First Trust Capital Strength ETF in the third quarter valued at $97,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS traded up $0.18 during trading on Friday, hitting $81.73. The company had a trading volume of 445,719 shares, compared to its average volume of 352,153. The company has a market cap of $8.61 billion, a P/E ratio of 19.66 and a beta of 0.86. First Trust Capital Strength ETF has a 52 week low of $70.91 and a 52 week high of $85.89. The business’s 50-day moving average is $83.75 and its 200 day moving average is $79.70.

First Trust Capital Strength ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.2247 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 annualized dividend and a dividend yield of 1.10%.

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).