Cetera Investment Advisers Sells 37,160 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Cetera Investment Advisers lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,526,817 shares of the company’s stock after selling 37,160 shares during the quarter. Cetera Investment Advisers owned approximately 1.52% of First Trust Capital Strength ETF worth $128,314,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FTCS. Global Assets Advisory LLC grew its position in shares of First Trust Capital Strength ETF by 8,467.2% during the 1st quarter. Global Assets Advisory LLC now owns 1,462,679 shares of the company’s stock worth $125,278,000 after buying an additional 1,445,606 shares in the last quarter. Scarborough Advisors LLC lifted its stake in First Trust Capital Strength ETF by 316.1% in the fourth quarter. Scarborough Advisors LLC now owns 786,475 shares of the company’s stock worth $62,949,000 after acquiring an additional 597,458 shares during the period. Cetera Advisors LLC grew its holdings in First Trust Capital Strength ETF by 51.0% during the 1st quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock worth $73,953,000 after acquiring an additional 291,774 shares in the last quarter. Bennett Associates Wealth Management purchased a new position in First Trust Capital Strength ETF during the 4th quarter valued at about $20,475,000. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of First Trust Capital Strength ETF by 5.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock valued at $286,344,000 after purchasing an additional 190,799 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $90.80 on Tuesday. The company has a market cap of $9.14 billion, a PE ratio of 21.52 and a beta of 0.86. The firm’s 50 day moving average price is $88.43 and its 200-day moving average price is $85.51. First Trust Capital Strength ETF has a 52-week low of $71.11 and a 52-week high of $91.17.

First Trust Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.2566 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.13%.

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).