First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Stock Price Down 0.6% – Should You Sell?

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) fell 0.6% on Thursday . The company traded as low as $42.16 and last traded at $42.23. Approximately 11,125 shares changed hands during trading, a decline of 52% from the average session volume of 23,378 shares. The stock had previously closed at $42.48.

First Trust International Developed Capital Strength ETF Stock Up 1.0%

The stock has a market cap of $213.20 million, a PE ratio of 19.87 and a beta of 0.71. The business has a 50 day moving average price of $42.08 and a 200 day moving average price of $41.07.

First Trust International Developed Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.4455 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.78 annualized dividend and a yield of 4.2%. This is a boost from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.19.

Institutional Investors Weigh In On First Trust International Developed Capital Strength ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FICS. Cetera Investment Advisers lifted its stake in shares of First Trust International Developed Capital Strength ETF by 1.3% in the 1st quarter. Cetera Investment Advisers now owns 411,682 shares of the company’s stock valued at $16,070,000 after purchasing an additional 5,296 shares during the period. Key Financial Inc boosted its holdings in First Trust International Developed Capital Strength ETF by 1.1% during the first quarter. Key Financial Inc now owns 249,690 shares of the company’s stock worth $9,747,000 after buying an additional 2,670 shares in the last quarter. Centennial Wealth Advisory LLC grew its position in First Trust International Developed Capital Strength ETF by 48.4% during the first 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. Jane Street Group LLC grew its position in First Trust International Developed Capital Strength ETF by 188.3% during 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 during the period. Finally, VestGen Advisors LLC purchased a new position in First Trust International Developed Capital Strength ETF in the fourth quarter valued at $3,544,000.

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.