American Financial Advisors LLC Sells 7,581 Shares of First Trust Capital Strength ETF $FTCS

American Financial Advisors LLC lowered its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 360,931 shares of the company’s stock after selling 7,581 shares during the quarter. First Trust Capital Strength ETF makes up about 4.5% of American Financial Advisors LLC’s holdings, making the stock its 10th biggest holding. American Financial Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $33,480,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caitlin John LLC increased its position in shares of First Trust Capital Strength ETF by 288.0% in the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares during the last quarter. BOKF NA purchased a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth $28,000. EverSource Wealth Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 492.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after purchasing an additional 175 shares in the last quarter. Finally, Whittier Trust Co. acquired a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth $30,000.

First Trust Capital Strength ETF Price Performance

NASDAQ:FTCS opened at $95.98 on Thursday. The firm has a market capitalization of $9.07 billion, a PE ratio of 21.51 and a beta of 0.71. The business’s fifty day moving average price is $94.53 and its 200 day moving average price is $94.92. First Trust Capital Strength ETF has a 12 month low of $89.76 and a 12 month high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The firm 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 of this dividend was Thursday, June 25th.

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