Drive Wealth Management LLC Has $576,000 Stock Position in First Trust International Developed Capital Strength ETF $FICS

Drive Wealth Management LLC grew its holdings in shares of First Trust International Developed Capital Strength ETF (NASDAQ:FICS) by 2.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,624 shares of the company’s stock after buying an additional 341 shares during the quarter. Drive Wealth Management LLC’s holdings in First Trust International Developed Capital Strength ETF were worth $576,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. LPL Financial LLC lifted its position in shares of First Trust International Developed Capital Strength ETF by 13.8% during the first quarter. LPL Financial LLC now owns 943,634 shares of the company’s stock valued at $34,575,000 after purchasing an additional 114,588 shares in the last quarter. CWM LLC lifted its position in shares of First Trust International Developed Capital Strength ETF by 1.3% during the second quarter. CWM LLC now owns 348,042 shares of the company’s stock valued at $13,697,000 after purchasing an additional 4,410 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of First Trust International Developed Capital Strength ETF by 12.3% during the first quarter. Cetera Investment Advisers now owns 262,744 shares of the company’s stock valued at $9,627,000 after purchasing an additional 28,810 shares in the last quarter. Key Financial Inc lifted its position in shares of First Trust International Developed Capital Strength ETF by 17.3% during the first quarter. Key Financial Inc now owns 192,212 shares of the company’s stock valued at $7,043,000 after purchasing an additional 28,294 shares in the last quarter. Finally, Chris Bulman Inc lifted its position in shares of First Trust International Developed Capital Strength ETF by 311.6% during the second quarter. Chris Bulman Inc now owns 145,008 shares of the company’s stock valued at $5,707,000 after purchasing an additional 109,778 shares in the last quarter.

First Trust International Developed Capital Strength ETF Price Performance

FICS opened at $38.87 on Monday. The company’s 50-day moving average is $38.51 and its 200 day moving average is $38.59. First Trust International Developed Capital Strength ETF has a fifty-two week low of $32.79 and a fifty-two week high of $40.24. The firm has a market capitalization of $219.62 million, a P/E ratio of 19.87 and a beta of 0.84.

First Trust International Developed Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.0918 per share. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, September 25th.

First Trust International Developed Capital Strength ETF 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).