Brookstone Capital Management Decreases Stock Holdings in First Trust International Developed Capital Strength ETF $FICS

Brookstone Capital Management cut its stake in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) by 36.5% in the first quarter, Holdings Channel.com reports. The firm owned 105,701 shares of the company’s stock after selling 60,761 shares during the quarter. Brookstone Capital Management’s holdings in First Trust International Developed Capital Strength ETF were worth $4,126,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in First Trust International Developed Capital Strength ETF during the third quarter worth about $50,000. NBC Securities Inc. lifted its stake in shares of First Trust International Developed Capital Strength ETF by 41.6% in the 4th quarter. NBC Securities Inc. now owns 1,643 shares of the company’s stock valued at $66,000 after purchasing an additional 483 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of First Trust International Developed Capital Strength ETF in the 4th quarter valued at $157,000. Kestra Advisory Services LLC purchased a new position in shares of First Trust International Developed Capital Strength ETF during the 4th quarter worth $177,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of First Trust International Developed Capital Strength ETF during the 4th quarter worth about $204,000.

First Trust International Developed Capital Strength ETF Trading Up 0.7%

Shares of FICS opened at $41.64 on Thursday. The firm has a market cap of $229.02 million, a P/E ratio of 19.87 and a beta of 0.72. First Trust International Developed Capital Strength ETF has a 12-month low of $37.25 and a 12-month high of $43.38. The company’s 50-day moving average price is $40.82 and its 200 day moving average price is $40.45.

About First Trust International Developed Capital Strength ETF

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.