GPS Wealth Strategies Group LLC Cuts Position in First Trust Capital Strength ETF $FTCS

GPS Wealth Strategies Group LLC lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 91.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,177 shares of the company’s stock after selling 66,771 shares during the period. GPS Wealth Strategies Group LLC’s holdings in First Trust Capital Strength ETF were worth $571,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased 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. BOKF NA purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $28,000. Whittier Trust Co. purchased a new position in shares of First Trust Capital Strength ETF in the 4th quarter valued at about $30,000. Root Financial Partners LLC purchased a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at about $37,000. Finally, Smartleaf Asset Management LLC purchased a new position in shares of First Trust Capital Strength ETF in the 2nd quarter valued at about $40,000.

First Trust Capital Strength ETF Stock Up 0.8%

Shares of First Trust Capital Strength ETF stock opened at $94.51 on Friday. First Trust Capital Strength ETF has a twelve month low of $88.70 and a twelve month high of $99.74. The business has a 50-day moving average price of $93.27 and a 200 day moving average price of $94.15. The firm has a market cap of $7.92 billion, a PE ratio of 21.51 and a beta of 0.73.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.2873 dividend. This represents a $1.15 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, March 26th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

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.