Apollon Wealth Management LLC Trims Stake in First Trust Capital Strength ETF (NASDAQ:FTCS)

Apollon Wealth Management LLC trimmed its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 14.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,611 shares of the company’s stock after selling 4,648 shares during the period. Apollon Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $2,320,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Davis Capital Management purchased a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter worth $25,000. Headlands Technologies LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 1st quarter worth $33,000. Mather Group LLC. purchased a new stake in shares of First Trust Capital Strength ETF in the 1st quarter worth $34,000. Hexagon Capital Partners LLC purchased a new stake in First Trust Capital Strength ETF in the 4th quarter worth $44,000. Finally, EdgeRock Capital LLC purchased a new stake in First Trust Capital Strength ETF in the 4th quarter worth $61,000.

First Trust Capital Strength ETF Stock Up 0.4 %

FTCS stock traded up $0.38 during trading on Monday, reaching $88.34. The company’s stock had a trading volume of 150,225 shares, compared to its average volume of 335,425. First Trust Capital Strength ETF has a 1 year low of $71.11 and a 1 year high of $88.34. The company has a market capitalization of $8.89 billion, a P/E ratio of 21.52 and a beta of 0.86. The company’s fifty day moving average is $85.26 and its 200-day moving average is $84.06.

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 paid a $0.2843 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.14 dividend on an annualized basis and a yield of 1.29%.

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).