First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Trading Down 0.1% – What’s Next?

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) shares traded down 0.1% during trading on Thursday . The stock traded as low as $36.02 and last traded at $36.08. 6,954 shares were traded during mid-day trading, an increase of 2% from the average session volume of 6,851 shares. The stock had previously closed at $36.10.

First Trust SMID Capital Strength ETF Trading Up 1.6%

The stock has a market capitalization of $58.62 million, a price-to-earnings ratio of 16.57 and a beta of 0.96. The firm has a 50-day moving average of $36.28 and a 200 day moving average of $36.17.

First Trust SMID Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.0936 dividend. This represents a $0.37 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, March 26th.

Institutional Trading of First Trust SMID Capital Strength ETF

Several large investors have recently added to or reduced their stakes in FSCS. LPL Financial LLC increased its position in First Trust SMID Capital Strength ETF by 55.1% in the 4th quarter. LPL Financial LLC now owns 509,668 shares of the company’s stock valued at $18,231,000 after acquiring an additional 181,008 shares during the period. Citadel Advisors LLC bought a new position in First Trust SMID Capital Strength ETF during the 3rd quarter valued at $1,260,000. Osaic Holdings Inc. boosted its stake in First Trust SMID Capital Strength ETF by 254.9% during the 2nd quarter. Osaic Holdings Inc. now owns 41,286 shares of the company’s stock valued at $1,476,000 after purchasing an additional 29,653 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in First Trust SMID Capital Strength ETF during the 1st quarter valued at $550,000. Finally, NewEdge Advisors LLC boosted its stake in First Trust SMID Capital Strength ETF by 4.5% during the 3rd quarter. NewEdge Advisors LLC now owns 362,818 shares of the company’s stock valued at $13,308,000 after purchasing an additional 15,597 shares in the last quarter.

About First Trust SMID Capital Strength ETF

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.