AE Wealth Management LLC Purchases 10,718 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

AE Wealth Management LLC increased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 219,714 shares of the company’s stock after purchasing an additional 10,718 shares during the quarter. AE Wealth Management LLC owned approximately 0.19% of First Trust Capital Strength ETF worth $16,496,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aspire Private Capital LLC bought a new position in First Trust Capital Strength ETF in the first quarter worth $10,065,720,000. Confluence Wealth Services Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 1.9% during the first quarter. Confluence Wealth Services Inc. now owns 8,255 shares of the company’s stock valued at $602,000 after acquiring an additional 152 shares during the period. SRS Capital Advisors Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 0.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 17,605 shares of the company’s stock valued at $1,319,000 after acquiring an additional 163 shares during the period. Transcend Capital Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 4.4% during the first quarter. Transcend Capital Advisors LLC now owns 4,548 shares of the company’s stock valued at $332,000 after acquiring an additional 190 shares during the period. Finally, Creative Planning lifted its holdings in shares of First Trust Capital Strength ETF by 1.8% during the second quarter. Creative Planning now owns 12,822 shares of the company’s stock valued at $897,000 after acquiring an additional 231 shares during the period.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $75.84 on Friday. The stock has a market cap of $8.79 billion, a PE ratio of 19.66 and a beta of 0.86. The business has a fifty day moving average of $75.94 and a two-hundred day moving average of $74.23. First Trust Capital Strength ETF has a 52-week low of $66.01 and a 52-week high of $79.34.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, June 28th were issued a dividend of $0.2368 per share. The ex-dividend date of this dividend was Tuesday, June 27th. This represents a $0.95 dividend on an annualized basis and a dividend yield of 1.25%.

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).