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

First Trust International Developed Capital Strength ETF (NASDAQ:FICS)’s stock price rose 0.2% during mid-day trading on Monday . The company traded as high as $40.70 and last traded at $40.55. Approximately 90,884 shares traded hands during mid-day 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 Trading Up 0.2%

The company has a market cap of $227.08 million, a price-to-earnings ratio of 19.87 and a beta of 0.75. The stock’s 50 day moving average price is $39.65 and its 200 day moving average price is $38.99.

First Trust International Developed Capital Strength ETF Cuts Dividend

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

Hedge Funds Weigh In On First Trust International Developed Capital Strength ETF

A number of hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC acquired a new stake in shares of First Trust International Developed Capital Strength ETF during the 2nd quarter worth $114,000. Centennial Wealth Advisory LLC boosted its holdings in First Trust International Developed Capital Strength ETF by 325.9% in the second quarter. Centennial Wealth Advisory LLC now owns 58,879 shares of the company’s stock valued at $2,317,000 after acquiring an additional 45,053 shares during the last quarter. Midwest Financial Group LLC grew its position in First Trust International Developed Capital Strength ETF by 1.6% during the second quarter. Midwest Financial Group LLC now owns 72,456 shares of the company’s stock valued at $2,851,000 after acquiring an additional 1,141 shares during the period. DHJJ Financial Advisors Ltd. increased its stake in First Trust International Developed Capital Strength ETF by 15.9% during the second quarter. DHJJ Financial Advisors Ltd. now owns 19,861 shares of the company’s stock worth $782,000 after acquiring an additional 2,721 shares during the last quarter. Finally, Clarity Capital Partners LLC increased its stake 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 acquiring an additional 269 shares during the last quarter.

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.