B. Riley Wealth Advisors Inc. Lowers Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

B. Riley Wealth Advisors Inc. cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 44.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 49,217 shares of the company’s stock after selling 39,097 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in First Trust Capital Strength ETF were worth $3,939,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. International Assets Investment Management LLC boosted its holdings in First Trust Capital Strength ETF by 7,852.6% in the fourth quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock worth $239,004,000 after acquiring an additional 2,948,510 shares in the last quarter. Scarborough Advisors LLC grew its position in First Trust Capital Strength ETF by 316.1% during the 4th quarter. Scarborough Advisors LLC now owns 786,475 shares of the company’s stock valued at $62,949,000 after purchasing an additional 597,458 shares during the last quarter. Silver Oak Securities Incorporated bought a new stake in First Trust Capital Strength ETF during the 4th quarter valued at about $33,659,000. Stratos Wealth Partners LTD. bought a new stake in First Trust Capital Strength ETF during the 4th quarter valued at about $30,855,000. Finally, Bennett Associates Wealth Management purchased a new position in First Trust Capital Strength ETF in the fourth quarter worth about $20,475,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS traded up $0.87 during trading on Monday, reaching $84.63. 270,959 shares of the stock traded hands, compared to its average volume of 330,394. The stock has a market cap of $8.87 billion, a P/E ratio of 21.52 and a beta of 0.86. The stock has a 50-day moving average of $83.18 and a two-hundred day moving average of $82.27. First Trust Capital Strength ETF has a 52-week low of $71.11 and a 52-week high of $85.89.

First Trust Capital Strength ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.2247 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.90 annualized dividend and a yield of 1.06%.

First Trust Capital Strength ETF Company 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).