First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Stock Price Down 0.3% – Here’s Why

Shares of First Trust International Developed Capital Strength ETF (NASDAQ:FICS) dropped 0.3% on Monday . The stock traded as low as $41.32 and last traded at $41.41. 19,761 shares traded hands during trading, a decline of 27% from the average session volume of 26,927 shares. The stock had previously closed at $41.53.

First Trust International Developed Capital Strength ETF Stock Performance

The firm has a market capitalization of $229.02 million, a P/E ratio of 19.87 and a beta of 0.72. The stock has a 50 day moving average of $40.81 and a 200-day moving average of $40.44.

Institutional Trading of First Trust International Developed Capital Strength ETF

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in First Trust International Developed Capital Strength ETF by 221.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,490 shares of the company’s stock valued at $216,000 after buying an additional 3,781 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of First Trust International Developed Capital Strength ETF by 188.3% in the second quarter. Jane Street Group LLC now owns 91,181 shares of the company’s stock worth $3,588,000 after acquiring an additional 59,553 shares during the period. OneDigital Investment Advisors LLC purchased a new position in shares of First Trust International Developed Capital Strength ETF in the third quarter valued at $349,000. Ameritas Investment Partners Inc. grew its position in shares of First Trust International Developed Capital Strength ETF by 10.1% in the third quarter. Ameritas Investment Partners Inc. now owns 19,773 shares of the company’s stock valued at $754,000 after purchasing an additional 1,809 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of First Trust International Developed Capital Strength ETF by 1.4% during the 3rd quarter. Private Advisor Group LLC now owns 35,145 shares of the company’s stock valued at $1,341,000 after purchasing an additional 479 shares during the period.

About First Trust International Developed Capital Strength ETF

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index). FICS was launched on Dec 15, 2020 and is managed by First Trust.