Gratus Wealth Advisors LLC Decreases Stake in First Trust Capital Strength ETF $FTCS

Gratus Wealth Advisors LLC lessened its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 26.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 226,645 shares of the company’s stock after selling 80,848 shares during the period. First Trust Capital Strength ETF comprises 3.0% of Gratus Wealth Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Gratus Wealth Advisors LLC owned about 0.27% of First Trust Capital Strength ETF worth $21,024,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FTCS. Caitlin John LLC grew its stake in shares of First Trust Capital Strength ETF by 288.0% during the fourth quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after purchasing an additional 216 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after buying an additional 246 shares in the last quarter. Parallel Advisors LLC lifted its holdings in First Trust Capital Strength ETF by 140.0% during the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after buying an additional 175 shares during the last quarter. BOKF NA purchased a new stake in First Trust Capital Strength ETF during the 3rd quarter worth about $28,000. Finally, Whittier Trust Co. acquired a new position in shares of First Trust Capital Strength ETF during the 4th quarter worth about $30,000.

First Trust Capital Strength ETF Price Performance

Shares of FTCS opened at $96.61 on Monday. The stock has a 50 day moving average price of $93.92 and a 200 day moving average price of $94.74. The company has a market capitalization of $7.86 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a 52-week low of $89.39 and a 52-week high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.2636 per share. This represents a $1.05 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, June 25th.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.