First Trust Capital Strength ETF (NASDAQ:FTCS) is American Financial Advisors LLC’s 5th Largest Position

American Financial Advisors LLC cut its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 397,066 shares of the company’s stock after selling 5,862 shares during the period. First Trust Capital Strength ETF makes up about 4.7% of American Financial Advisors LLC’s holdings, making the stock its 5th largest holding. American Financial Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $31,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. International Assets Investment Management LLC grew its position in First Trust Capital Strength ETF by 7,852.6% in the fourth quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock worth $239,004,000 after acquiring an additional 2,948,510 shares during the period. Stratos Wealth Partners LTD. purchased a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth $30,855,000. Mariner LLC boosted its position in shares of First Trust Capital Strength ETF by 928.3% during the fourth quarter. Mariner LLC now owns 396,901 shares of the company’s stock worth $29,748,000 after buying an additional 358,303 shares during the period. JPMorgan Chase & Co. boosted its position in shares of First Trust Capital Strength ETF by 217.5% during the first quarter. JPMorgan Chase & Co. now owns 386,944 shares of the company’s stock worth $28,223,000 after buying an additional 265,070 shares during the period. Finally, KPP Advisory Services LLC purchased a new position in shares of First Trust Capital Strength ETF during the third quarter worth $15,466,000.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS traded up $0.18 during midday trading on Friday, hitting $81.73. 445,719 shares of the stock were exchanged, compared to its average volume of 352,153. First Trust Capital Strength ETF has a 52-week low of $70.91 and a 52-week high of $85.89. The stock has a fifty day simple moving average of $83.75 and a 200 day simple moving average of $79.70. The firm 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.2247 dividend. This represents a $0.90 annualized dividend and a dividend yield of 1.10%. 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).