SLT Holdings LLC Decreases Stock Position in First Trust Capital Strength ETF $FTCS

SLT Holdings LLC trimmed its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,725 shares of the company’s stock after selling 1,646 shares during the quarter. First Trust Capital Strength ETF makes up 2.8% of SLT Holdings LLC’s investment portfolio, making the stock its 9th largest position. SLT Holdings LLC’s holdings in First Trust Capital Strength ETF were worth $3,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in FTCS. Goldman Sachs Group Inc. grew its holdings in shares of First Trust Capital Strength ETF by 503.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock worth $200,305,000 after purchasing an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers bought a new stake in First Trust Capital Strength ETF in the 1st quarter worth $131,493,000. Kingswood Wealth Advisors LLC grew its holdings in First Trust Capital Strength ETF by 200.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 283,288 shares of the company’s stock worth $25,407,000 after acquiring an additional 188,868 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of First Trust Capital Strength ETF by 74.0% in the first quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock worth $38,148,000 after purchasing an additional 183,074 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of First Trust Capital Strength ETF by 1.6% in the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock worth $687,036,000 after purchasing an additional 121,726 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $92.40 on Friday. The stock has a market capitalization of $8.33 billion, a PE ratio of 21.51 and a beta of 0.86. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $94.37. The business’s 50-day moving average is $92.81 and its 200 day moving average is $90.65.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.2527 dividend. This represents a $1.01 annualized dividend and a yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. The ex-dividend date was Thursday, September 25th.

First Trust Capital Strength ETF Company 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).