First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Waterloo Capital L.P.

Waterloo Capital L.P. lowered its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,467 shares of the company’s stock after selling 1,729 shares during the quarter. Waterloo Capital L.P.’s holdings in First Trust Capital Strength ETF were worth $3,993,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FTCS. Raymond James Financial Inc. purchased a new position in shares of First Trust Capital Strength ETF during the 4th quarter worth approximately $494,019,000. Wealthfront Advisers LLC purchased a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth $59,656,000. Pollock Investment Advisors LLC acquired a new stake in shares of First Trust Capital Strength ETF in the fourth quarter valued at $48,383,000. SRS Capital Advisors Inc. grew its stake in shares of First Trust Capital Strength ETF by 1,793.2% in the fourth quarter. SRS Capital Advisors Inc. now owns 326,589 shares of the company’s stock valued at $28,681,000 after buying an additional 309,338 shares in the last quarter. Finally, Independent Advisor Alliance raised its holdings in shares of First Trust Capital Strength ETF by 5,063.8% in the 4th quarter. Independent Advisor Alliance now owns 250,288 shares of the company’s stock valued at $21,980,000 after buying an additional 245,441 shares during the period.

First Trust Capital Strength ETF Trading Down 5.2 %

FTCS opened at $83.97 on Friday. The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 23.46 and a beta of 0.86. The stock’s 50-day moving average price is $89.55 and its 200 day moving average price is $90.13. First Trust Capital Strength ETF has a 12-month low of $81.16 and a 12-month high of $94.23.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.2159 dividend. This represents a $0.86 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend was Thursday, March 27th.

About First Trust Capital Strength ETF

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).