Simplicity Wealth LLC Sells 3,030 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Simplicity Wealth LLC lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 37.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,030 shares of the company’s stock after selling 3,030 shares during the quarter. Simplicity Wealth LLC’s holdings in First Trust Capital Strength ETF were worth $451,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Kestra Investment Management LLC bought a new stake in shares of First Trust Capital Strength ETF in the fourth quarter worth $38,000. Mpwm Advisory Solutions LLC bought a new stake in First Trust Capital Strength ETF during the fourth quarter worth $72,000. Knuff & Co LLC bought a new stake in First Trust Capital Strength ETF during the fourth quarter worth $88,000. Lee Danner & Bass Inc. bought a new stake in First Trust Capital Strength ETF during the fourth quarter worth $99,000. Finally, TD Private Client Wealth LLC raised its position in First Trust Capital Strength ETF by 162.9% during the fourth quarter. TD Private Client Wealth LLC now owns 1,517 shares of the company’s stock worth $133,000 after acquiring an additional 940 shares in the last quarter.

First Trust Capital Strength ETF Trading Down 0.5%

NASDAQ FTCS opened at $90.69 on Thursday. The firm’s fifty day moving average price is $88.67 and its two-hundred day moving average price is $89.31. First Trust Capital Strength ETF has a 1 year low of $80.66 and a 1 year high of $94.23. The firm has a market capitalization of $8.47 billion, a P/E ratio of 22.61 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.2159 per share. This represents a $0.86 annualized dividend and a yield of 0.95%. The ex-dividend date was Thursday, March 27th.

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).