First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Shares Down 0.6% – What’s Next?

First Trust SMID Capital Strength ETF (NASDAQ:FSCSGet Free Report) traded down 0.6% during mid-day trading on Wednesday . The company traded as low as $35.67 and last traded at $35.82. 4,671 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 8,282 shares. The stock had previously closed at $36.02.

First Trust SMID Capital Strength ETF Stock Performance

The company’s 50-day moving average price is $36.95 and its 200 day moving average price is $36.40. The stock has a market capitalization of $58.69 million, a P/E ratio of 16.57 and a beta of 1.03.

Institutional Investors Weigh In On First Trust SMID Capital Strength ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FSCS. CWM LLC bought a new position in shares of First Trust SMID Capital Strength ETF in the third quarter worth about $30,000. International Assets Investment Management LLC raised its stake in First Trust SMID Capital Strength ETF by 5.3% during the 4th quarter. International Assets Investment Management LLC now owns 6,390 shares of the company’s stock valued at $229,000 after purchasing an additional 321 shares during the period. Equitable Holdings Inc. purchased a new position in First Trust SMID Capital Strength ETF in the 3rd quarter worth approximately $274,000. Envestnet Asset Management Inc. lifted its holdings in First Trust SMID Capital Strength ETF by 7.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 8,257 shares of the company’s stock worth $303,000 after purchasing an additional 550 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in First Trust SMID Capital Strength ETF by 10.7% in the 4th quarter. Cetera Investment Advisers now owns 8,584 shares of the company’s stock worth $307,000 after purchasing an additional 829 shares during the period.

About First Trust SMID Capital Strength ETF

(Get Free Report)

The First Trust SMID Capital Strength ETF (FSCS) is an exchange-traded fund that is based on the The SMID Capital Strength index. The fund tracks an equal-weighted index of 100 well-capitalized small- and mid-cap US companies perceived to hold strong market positions. FSCS was launched on Jun 20, 2017 and is issued by First Trust.

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