First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Trading Up 0.2% – Still a Buy?

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was up 0.2% during mid-day trading on Monday . The stock traded as high as $40.70 and last traded at $40.55. Approximately 90,884 shares traded hands during trading, an increase of 99% from the average daily volume of 45,624 shares. The stock had previously closed at $40.47.

First Trust International Developed Capital Strength ETF Price Performance

The stock has a 50 day moving average of $39.65 and a two-hundred day moving average of $38.99. The stock has a market capitalization of $227.08 million, a PE ratio of 19.87 and a beta of 0.75.

First Trust International Developed Capital Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.0336 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.3%.

Institutional Trading of First Trust International Developed Capital Strength ETF

A number of institutional investors have recently added to or reduced their stakes in FICS. Clarity Capital Partners LLC grew its position in First Trust International Developed Capital Strength ETF by 3.5% during the second quarter. Clarity Capital Partners LLC now owns 7,923 shares of the company’s stock worth $312,000 after buying an additional 269 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in First Trust International Developed Capital Strength ETF by 2.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 15,532 shares of the company’s stock valued at $592,000 after purchasing an additional 322 shares in the last quarter. Drive Wealth Management LLC raised its holdings in First Trust International Developed Capital Strength ETF by 2.4% during the second quarter. Drive Wealth Management LLC now owns 14,624 shares of the company’s stock worth $576,000 after purchasing an additional 341 shares during the last quarter. Private Advisor Group LLC boosted its position in First Trust International Developed Capital Strength ETF by 1.4% during the third quarter. Private Advisor Group LLC now owns 35,145 shares of the company’s stock worth $1,341,000 after purchasing an additional 479 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in First Trust International Developed Capital Strength ETF by 14.2% in the second quarter. International Assets Investment Management LLC now owns 6,812 shares of the company’s stock valued at $268,000 after purchasing an additional 847 shares during the last quarter.

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.