First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Trading 0.1% Higher – Here’s What Happened

First Trust SMID Capital Strength ETF (NASDAQ:FSCS)’s share price shot up 0.1% on Friday . The stock traded as high as $36.12 and last traded at $36.02. 7,353 shares traded hands during trading, an increase of 18% from the average session volume of 6,211 shares. The stock had previously closed at $35.98.

First Trust SMID Capital Strength ETF Trading Up 0.1%

The company’s 50 day moving average price is $36.03 and its two-hundred day moving average price is $36.17. The firm has a market cap of $57.63 million, a PE ratio of 16.57 and a beta of 0.92.

First Trust SMID Capital Strength ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Sanctuary Advisors LLC lifted its stake in shares of First Trust SMID Capital Strength ETF by 4.7% during the 1st quarter. Sanctuary Advisors LLC now owns 14,635 shares of the company’s stock valued at $515,000 after buying an additional 659 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in shares of First Trust SMID Capital Strength ETF by 20.4% during the 1st quarter. Kestra Advisory Services LLC now owns 18,122 shares of the company’s stock valued at $638,000 after buying an additional 3,071 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of First Trust SMID Capital Strength ETF by 2.8% during the 4th quarter. NewEdge Advisors LLC now owns 373,057 shares of the company’s stock valued at $13,345,000 after buying an additional 10,239 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust SMID Capital Strength ETF by 10.7% during the 4th quarter. Cetera Investment Advisers now owns 8,584 shares of the company’s stock valued at $307,000 after buying an additional 829 shares in the last quarter. Finally, Equitable Holdings Inc. lifted its stake in shares of First Trust SMID Capital Strength ETF by 182.8% during the 4th quarter. Equitable Holdings Inc. now owns 21,153 shares of the company’s stock valued at $757,000 after buying an additional 13,672 shares in the last quarter.

First Trust SMID Capital Strength ETF Company Profile

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.