First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 192,399 shares of the company’s stock after selling 11,681 shares during the period. First Trust Capital Strength ETF makes up approximately 8.3% of Ergawealth Advisors Inc.’s holdings, making the stock its 4th biggest holding. Ergawealth Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $16,896,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Harbour Investments Inc. increased its holdings in shares of First Trust Capital Strength ETF by 3.1% during the 3rd quarter. Harbour Investments Inc. now owns 622,696 shares of the company’s stock worth $56,541,000 after buying an additional 18,569 shares during the last quarter. Park National Corp OH boosted its position in First Trust Capital Strength ETF by 0.5% during the 4th quarter. Park National Corp OH now owns 481,410 shares of the company’s stock worth $42,277,000 after purchasing an additional 2,615 shares during the period. MML Investors Services LLC boosted its position in First Trust Capital Strength ETF by 1.1% during the 3rd quarter. MML Investors Services LLC now owns 445,457 shares of the company’s stock worth $40,447,000 after purchasing an additional 4,642 shares during the period. Silver Oak Securities Incorporated boosted its position in First Trust Capital Strength ETF by 1.1% during the 4th quarter. Silver Oak Securities Incorporated now owns 431,309 shares of the company’s stock worth $37,830,000 after purchasing an additional 4,722 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its position in First Trust Capital Strength ETF by 6.0% during the 4th quarter. Concurrent Investment Advisors LLC now owns 369,836 shares of the company’s stock worth $32,479,000 after purchasing an additional 20,843 shares during the period.

First Trust Capital Strength ETF Trading Up 0.1 %

Shares of First Trust Capital Strength ETF stock opened at $90.22 on Friday. The company has a fifty day moving average price of $89.10 and a 200 day moving average price of $90.14. The stock has a market cap of $8.88 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23.

First Trust Capital Strength ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.4043 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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).