Apollon Wealth Management LLC Raises Holdings in First Trust Long Duration Opportunities ETF $LGOV

Apollon Wealth Management LLC lifted its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 14.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,949 shares of the company’s stock after purchasing an additional 2,056 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $342,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Ferguson Shapiro LLC lifted its stake in First Trust Long Duration Opportunities ETF by 3.1% in the first quarter. Ferguson Shapiro LLC now owns 18,403 shares of the company’s stock valued at $396,000 after buying an additional 556 shares during the last quarter. Synergy Investment Management LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF by 9.5% in the 1st quarter. Synergy Investment Management LLC now owns 9,156 shares of the company’s stock valued at $197,000 after acquiring an additional 795 shares during the period. Perigon Wealth Management LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF by 6.5% in the 1st quarter. Perigon Wealth Management LLC now owns 20,387 shares of the company’s stock valued at $438,000 after acquiring an additional 1,244 shares during the period. Core Wealth Partners LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF by 5.7% in the 1st quarter. Core Wealth Partners LLC now owns 41,671 shares of the company’s stock valued at $896,000 after acquiring an additional 2,261 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF by 6.3% in the 1st quarter. Concurrent Investment Advisors LLC now owns 47,322 shares of the company’s stock valued at $1,017,000 after acquiring an additional 2,791 shares during the period. 0.03% of the stock is owned by institutional investors and hedge funds.

First Trust Long Duration Opportunities ETF Stock Performance

Shares of First Trust Long Duration Opportunities ETF stock opened at $22.17 on Friday. First Trust Long Duration Opportunities ETF has a 1 year low of $19.91 and a 1 year high of $22.22. The company has a market capitalization of $662.88 million, a P/E ratio of -11,631.69 and a beta of 0.12. The company’s fifty day moving average is $21.73 and its two-hundred day moving average is $21.39.

About First Trust Long Duration Opportunities ETF

The First Trust Long Duration Opportunities ETF (LGOV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation.