ARS Wealth Advisors Group LLC Has $946,000 Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

ARS Wealth Advisors Group LLC lessened its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,820 shares of the company’s stock after selling 269 shares during the period. ARS Wealth Advisors Group LLC’s holdings in First Trust Capital Strength ETF were worth $946,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FTCS. J.W. Cole Advisors Inc. raised its position in First Trust Capital Strength ETF by 6.0% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 35,271 shares of the company’s stock worth $2,597,000 after purchasing an additional 1,998 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of First Trust Capital Strength ETF by 49.2% in the third quarter. Bank of New York Mellon Corp now owns 100,839 shares of the company’s stock worth $7,425,000 after acquiring an additional 33,272 shares during the period. Kowal Investment Group LLC boosted its holdings in First Trust Capital Strength ETF by 2.3% in the third quarter. Kowal Investment Group LLC now owns 480,433 shares of the company’s stock valued at $35,374,000 after acquiring an additional 10,858 shares during the last quarter. Park Avenue Securities LLC increased its position in First Trust Capital Strength ETF by 37.4% during the 3rd quarter. Park Avenue Securities LLC now owns 26,510 shares of the company’s stock valued at $1,952,000 after purchasing an additional 7,222 shares during the period. Finally, CENTRAL TRUST Co bought a new position in First Trust Capital Strength ETF during the 3rd quarter worth approximately $26,000.

First Trust Capital Strength ETF Price Performance

Shares of FTCS traded up $0.59 during trading hours on Friday, hitting $82.34. 358,873 shares of the stock were exchanged, compared to its average volume of 344,558. First Trust Capital Strength ETF has a fifty-two week low of $70.91 and a fifty-two week high of $85.89. The business has a 50-day moving average of $83.66 and a 200-day moving average of $80.35. The firm has a market capitalization of $8.63 billion, a P/E ratio of 21.13 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.2247 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Thursday, March 21st.

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).