FSB Premier Wealth Management Inc. Purchases Shares of 18,640 First Trust SMID Capital Strength ETF (NASDAQ:FSCS)

FSB Premier Wealth Management Inc. acquired a new stake in First Trust SMID Capital Strength ETF (NASDAQ:FSCS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 18,640 shares of the company’s stock, valued at approximately $660,000. FSB Premier Wealth Management Inc. owned about 2.66% of First Trust SMID Capital Strength ETF at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of FSCS. Pinnacle Bancorp Inc. bought a new stake in shares of First Trust SMID Capital Strength ETF during the 4th quarter worth about $31,000. Allworth Financial LP bought a new stake in shares of First Trust SMID Capital Strength ETF during the fourth quarter worth approximately $32,000. Global Retirement Partners LLC acquired a new position in shares of First Trust SMID Capital Strength ETF in the fourth quarter valued at approximately $35,000. Geneos Wealth Management Inc. acquired a new position in shares of First Trust SMID Capital Strength ETF in the fourth quarter valued at approximately $39,000. Finally, Independent Advisor Alliance bought a new position in shares of First Trust SMID Capital Strength ETF during the fourth quarter worth approximately $200,000.

First Trust SMID Capital Strength ETF Price Performance

FSCS opened at $34.41 on Monday. The business has a fifty day simple moving average of $35.55 and a 200 day simple moving average of $35.88. First Trust SMID Capital Strength ETF has a 1 year low of $31.36 and a 1 year high of $38.61. The company has a market capitalization of $24.08 million, a PE ratio of 16.31 and a beta of 1.16.

First Trust SMID Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.0389 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.45%.

First Trust SMID Capital Strength ETF 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.