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

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) shares dropped 0.3% during mid-day trading on Monday . The stock traded as low as $41.32 and last traded at $41.41. Approximately 19,761 shares traded hands during mid-day 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 Down 0.3%

The company has a market cap of $227.75 million, a price-to-earnings ratio of 19.87 and a beta of 0.72. The stock’s 50-day simple moving average is $40.79 and its 200 day simple moving average is $40.42.

First Trust International Developed Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.1948 dividend. This is a positive change from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 1.9%.

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 FICS. VestGen Advisors LLC acquired a new stake in First Trust International Developed Capital Strength ETF in the 4th quarter valued at approximately $3,544,000. Pursuit Wealth Management LLC purchased a new position in shares of First Trust International Developed Capital Strength ETF during the fourth quarter worth $3,040,000. D.A. Davidson & CO. acquired a new stake in shares of First Trust International Developed Capital Strength ETF in the first quarter valued at $2,515,000. Jane Street Group LLC grew its stake 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 valued at $3,588,000 after buying an additional 59,553 shares in the last quarter. Finally, Centennial Wealth Advisory LLC raised its holdings in shares of First Trust International Developed Capital Strength ETF by 48.4% in the 1st quarter. Centennial Wealth Advisory LLC now owns 146,665 shares of the company’s stock valued at $5,725,000 after buying an additional 47,814 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.