First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Trading Down 2.6% – What’s Next?

First Trust International Developed Capital Strength ETF (NASDAQ:FICS)’s share price was down 2.6% during mid-day trading on Tuesday . The stock traded as low as $40.13 and last traded at $40.77. Approximately 28,847 shares changed hands during trading, a decline of 16% from the average daily volume of 34,140 shares. The stock had previously closed at $41.87.

First Trust International Developed Capital Strength ETF Trading Down 2.6%

The firm has a market cap of $226.27 million, a P/E ratio of 19.87 and a beta of 0.75. The firm’s 50 day moving average is $40.87 and its two-hundred day moving average is $39.48.

First Trust International Developed Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a dividend of $0.0336 per share. The ex-dividend date was Friday, December 12th. This represents a $0.13 annualized dividend and a yield of 0.3%.

Institutional Investors Weigh In On First Trust International Developed Capital Strength ETF

A number of hedge funds have recently modified their holdings of the business. Centennial Wealth Advisory LLC raised its holdings in First Trust International Developed Capital Strength ETF by 54.8% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 91,135 shares of the company’s stock worth $3,476,000 after buying an additional 32,256 shares during the period. Chris Bulman Inc boosted its holdings in shares of First Trust International Developed Capital Strength ETF by 12.0% in the third quarter. Chris Bulman Inc now owns 162,406 shares of the company’s stock valued at $6,195,000 after buying an additional 17,398 shares during the period. Osaic Holdings Inc. increased its position in shares of First Trust International Developed Capital Strength ETF by 90.0% during the second quarter. Osaic Holdings Inc. now owns 187,280 shares of the company’s stock worth $7,370,000 after acquiring an additional 88,718 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of First Trust International Developed Capital Strength ETF during the second quarter worth $434,000. Finally, Cetera Investment Advisers raised its holdings in shares of First Trust International Developed Capital Strength ETF by 18.1% during the second quarter. Cetera Investment Advisers now owns 310,193 shares of the company’s stock worth $12,208,000 after acquiring an additional 47,449 shares during the period.

First Trust International Developed Capital Strength ETF Company Profile

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.