First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC lowered its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.2% in the fourth quarter, HoldingsChannel reports. The firm owned 52,086 shares of the company’s stock after selling 2,839 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $4,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew 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 purchasing an additional 33,272 shares in the last quarter. Park Avenue Securities LLC raised its holdings in First Trust Capital Strength ETF by 37.4% during the third quarter. Park Avenue Securities LLC now owns 26,510 shares of the company’s stock worth $1,952,000 after purchasing an additional 7,222 shares in the last quarter. CENTRAL TRUST Co acquired a new stake in First Trust Capital Strength ETF in the third quarter worth approximately $26,000. First Horizon Advisors Inc. lifted its position in First Trust Capital Strength ETF by 1.5% in the third quarter. First Horizon Advisors Inc. now owns 175,521 shares of the company’s stock worth $12,924,000 after purchasing an additional 2,658 shares during the period. Finally, Assetmark Inc. boosted its stake in First Trust Capital Strength ETF by 124.8% during the 3rd quarter. Assetmark Inc. now owns 51,295 shares of the company’s stock valued at $3,777,000 after purchasing an additional 28,472 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of FTCS traded up $0.35 during midday trading on Monday, reaching $82.69. The stock had a trading volume of 395,959 shares, compared to its average volume of 345,148. The company has a market capitalization of $8.67 billion, a P/E ratio of 21.13 and a beta of 0.86. The firm’s 50 day moving average price is $83.64 and its 200-day moving average price is $80.45. First Trust Capital Strength ETF has a 52 week low of $70.91 and a 52 week high of $85.89.

First Trust Capital Strength ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.2247 dividend. This represents a $0.90 annualized dividend and a 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).