On Feb. 5, 2026, IMG Wealth Management, Inc. disclosed in an SEC filing that it sold 48,466 shares of First Trust Capital Strength ETF (FTCS 0.44%).
What happened
According to a filing with the Securities and Exchange Commission dated Feb. 5, 2026, IMG Wealth Management, Inc. reduced its stake in First Trust Capital Strength ETF by approximately $4.5 million in the fourth quarter. The firm ended the quarter with a disclosed stake in FTCS of $2.3 million, representing 1.5% of its reported assets.
NASDAQ: FTCS
Key Data Points
What else to know
- Top holdings after the filing:
- NYSEMKT: BUFR: $16.4 million (10.4% of AUM)
- NYSEMKT: CGDV: $11.4 million (7.3% of AUM)
- NYSEMKT: BUFQ: $10.0 million (6.4% of AUM)
- NYSEMKT: BUFD: $8.3 million (5.3% of AUM)
- NYSEMKT: FTLS: $6.2 million (3.9% of AUM)
- As of Feb. 4, 2026, shares of FTCS were priced at $98.04, up 10.4% over the prior year, underperforming the S&P 500 by 5.1 percentage points.
- FTCS carries an annualized dividend yield of 0.98%.
ETF overview
| Metric | Value |
|---|---|
| Total net assets | $8.4 billion |
| Price (as of market close 2/4/26) | $98.04 |
| Dividend yield | 0.98% |
| 1-year total return | 10.4% |
ETF snapshot
- Investment strategy focuses on tracking an index of well-capitalized U.S. companies with strong balance sheets and stable earnings, aiming to deliver capital strength and lower volatility.
- Portfolio is primarily composed of common stocks and REITs, with companies selected for capital strength and profitability.
- Structured as a passively managed ETF with a transparent portfolio and regular rebalancing, expense ratios, and specific fee data are available in the fund's prospectus.
First Trust Capital Strength ETF (FTCS) is a large, U.S.-listed exchange-traded fund with a market capitalization of $8.13 billion. The fund is designed to provide exposure to high-quality companies with robust financial profiles, emphasizing stability and long-term performance potential. FTCS differentiates itself by investing in well-capitalized companies with strong market positions that aim to deliver stability and long-term performance for stockholders.
What this transaction means for investors
IMG Wealth holds several ETFs that address different investor needs, such as dividends, value, growth, and bonds. Institutional investors can make portfolio adjustments based on cash inflows and outflows from clients, among many other reasons.
Last quarter, the firm reduced its position in FTCS, which has underperformed over the past year, while adding to other ETF holdings, such as CGDV, which focuses on dividend income.
FTCS delivered a return of just 10% over the past year, which trails the S&P 500. This is a relatively weak performance for an ETF that doesn’t offer extra yield. FTCS’s dividend yield is less than 1% at the time of writing. It makes sense to sell FTCS and add more to other ETFs that offer better return prospects from either growth stocks or dividends.
There could be several reasons why IMG Wealth trimmed its position. Still, institutional investors often adjust holdings based on client needs or changing expectations for return prospects across different asset classes.
