First Trust Capital Strength ETF $FTCS Shares Sold by Valmark Advisers Inc.

Valmark Advisers Inc. decreased its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 30.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,266 shares of the company’s stock after selling 19,311 shares during the quarter. Valmark Advisers Inc. owned approximately 0.05% of First Trust Capital Strength ETF worth $4,013,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp increased its stake in First Trust Capital Strength ETF by 1,770.9% in the first quarter. Fifth Third Bancorp now owns 35,098 shares of the company’s stock valued at $3,256,000 after purchasing an additional 33,222 shares during the last quarter. Arbor Capital Management Inc. ADV lifted its position in shares of First Trust Capital Strength ETF by 2.5% during the 1st quarter. Arbor Capital Management Inc. ADV now owns 13,812 shares of the company’s stock worth $1,295,000 after buying an additional 334 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of First Trust Capital Strength ETF by 4.4% during the 1st quarter. Kestra Advisory Services LLC now owns 400,906 shares of the company’s stock worth $37,188,000 after buying an additional 16,831 shares during the last quarter. KERR FINANCIAL PLANNING Corp lifted its position in shares of First Trust Capital Strength ETF by 5.8% during the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 4,418 shares of the company’s stock worth $411,000 after buying an additional 244 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 137.5% in the 1st quarter. QRG Capital Management Inc. now owns 5,562 shares of the company’s stock valued at $516,000 after buying an additional 3,220 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $96.61 on Monday. The firm’s fifty day moving average price is $93.92 and its 200 day moving average price is $94.74. First Trust Capital Strength ETF has a 12 month low of $89.39 and a 12 month high of $99.74. 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 Cuts Dividend

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