Purus Wealth Management LLC Sells 385 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Purus Wealth Management LLC lessened its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,447 shares of the company’s stock after selling 385 shares during the period. First Trust Capital Strength ETF makes up about 2.1% of Purus Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Purus Wealth Management LLC owned approximately 0.06% of First Trust Capital Strength ETF worth $4,744,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. ORBA Wealth Advisors L.L.C. bought a new position in First Trust Capital Strength ETF in the 4th quarter valued at approximately $4,227,000. Holistic Financial Partners lifted its stake in First Trust Capital Strength ETF by 6.9% in the 4th quarter. Holistic Financial Partners now owns 104,230 shares of the company’s stock valued at $8,343,000 after purchasing an additional 6,694 shares during the last quarter. Quaker Wealth Management LLC lifted its stake in First Trust Capital Strength ETF by 0.3% in the 4th quarter. Quaker Wealth Management LLC now owns 54,288 shares of the company’s stock valued at $4,345,000 after purchasing an additional 174 shares during the last quarter. ICA Group Wealth Management LLC lifted its stake in First Trust Capital Strength ETF by 5.9% in the 4th quarter. ICA Group Wealth Management LLC now owns 92,608 shares of the company’s stock valued at $7,413,000 after purchasing an additional 5,121 shares during the last quarter. Finally, TFB Advisors LLC bought a new position in First Trust Capital Strength ETF in the 1st quarter valued at approximately $249,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $90.60 on Wednesday. First Trust Capital Strength ETF has a 52-week low of $71.11 and a 52-week high of $91.17. The firm has a 50 day moving average price of $87.64 and a two-hundred day moving average price of $85.16. The stock has a market cap of $9.12 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.2843 dividend. This represents a $1.14 annualized dividend and a yield of 1.26%. The ex-dividend date was Thursday, June 27th.

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).