Kapstone Financial Advisors LLC Reduces Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Kapstone Financial Advisors LLC lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 8.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,145 shares of the company’s stock after selling 1,833 shares during the quarter. First Trust Capital Strength ETF makes up about 1.3% of Kapstone Financial Advisors LLC’s holdings, making the stock its 15th largest position. Kapstone Financial Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $1,713,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in FTCS. Mendel Capital Management LLC boosted its stake in shares of First Trust Capital Strength ETF by 24.1% during the fourth quarter. Mendel Capital Management LLC now owns 3,746 shares of the company’s stock worth $300,000 after buying an additional 728 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of First Trust Capital Strength ETF by 7.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 131,718 shares of the company’s stock worth $9,698,000 after purchasing an additional 8,784 shares during the last quarter. Triumph Capital Management lifted its holdings in shares of First Trust Capital Strength ETF by 18.2% in the 3rd quarter. Triumph Capital Management now owns 51,607 shares of the company’s stock worth $3,800,000 after purchasing an additional 7,951 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of First Trust Capital Strength ETF by 42.7% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 81,141 shares of the company’s stock worth $6,452,000 after purchasing an additional 24,262 shares during the last quarter. Finally, ABLE Financial Group LLC lifted its holdings in shares of First Trust Capital Strength ETF by 1.6% in the 4th quarter. ABLE Financial Group LLC now owns 214,529 shares of the company’s stock worth $17,171,000 after purchasing an additional 3,444 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS stock traded down $0.22 during mid-day trading on Friday, hitting $82.21. 251,062 shares of the stock traded hands, compared to its average volume of 347,856. First Trust Capital Strength ETF has a twelve month low of $70.91 and a twelve month high of $85.89. The firm has a market cap of $8.64 billion, a price-to-earnings ratio of 21.13 and a beta of 0.86. The company’s 50-day simple moving average is $83.76 and its 200-day simple moving average is $80.10.

First Trust Capital Strength ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.2247 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Thursday, March 21st.

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).