Prospera Financial Services Inc Cuts Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Prospera Financial Services Inc cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 276,765 shares of the company’s stock after selling 29,627 shares during the quarter. First Trust Capital Strength ETF accounts for 0.6% of Prospera Financial Services Inc’s portfolio, making the stock its 24th biggest holding. Prospera Financial Services Inc owned 0.28% of First Trust Capital Strength ETF worth $25,159,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC increased its holdings in First Trust Capital Strength ETF by 0.3% in the second quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock valued at $3,603,000 after buying an additional 122 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in shares of First Trust Capital Strength ETF by 0.8% during the 2nd quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock worth $1,437,000 after buying an additional 138 shares during the last quarter. Herold Advisors Inc. grew its stake in First Trust Capital Strength ETF by 1.6% in the 2nd quarter. Herold Advisors Inc. now owns 9,033 shares of the company’s stock valued at $759,000 after acquiring an additional 139 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of First Trust Capital Strength ETF by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 9,428 shares of the company’s stock worth $856,000 after purchasing an additional 155 shares in the last quarter. Finally, Cherry Creek Investment Advisors Inc. raised its position in shares of First Trust Capital Strength ETF by 0.8% during the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 18,644 shares of the company’s stock worth $1,693,000 after purchasing an additional 157 shares during the last quarter.

First Trust Capital Strength ETF Stock Up 0.3 %

NASDAQ FTCS opened at $91.24 on Tuesday. First Trust Capital Strength ETF has a fifty-two week low of $75.83 and a fifty-two week high of $93.12. The business has a fifty day moving average of $90.85 and a 200-day moving average of $87.36. The stock has a market cap of $9.01 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2566 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a yield of 1.12%.

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).