Independent Advisor Alliance Invests $200,000 in First Trust SMID Capital Strength ETF (NASDAQ:FSCS)

Independent Advisor Alliance bought a new stake in shares of First Trust SMID Capital Strength ETF (NASDAQ:FSCSFree Report) in the 4th quarter, HoldingsChannel.com reports. The firm bought 5,662 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Global Retirement Partners LLC acquired a new position in First Trust SMID Capital Strength ETF in the 4th quarter worth approximately $35,000. Allworth Financial LP purchased a new stake in shares of First Trust SMID Capital Strength ETF in the fourth quarter valued at $32,000. Geneos Wealth Management Inc. acquired a new stake in shares of First Trust SMID Capital Strength ETF in the fourth quarter worth $39,000. Finally, Pinnacle Bancorp Inc. purchased a new position in shares of First Trust SMID Capital Strength ETF during the fourth quarter valued at $31,000.

First Trust SMID Capital Strength ETF Price Performance

NASDAQ:FSCS opened at $34.41 on Friday. The stock has a market cap of $24.09 million, a PE ratio of 15.84 and a beta of 1.16. First Trust SMID Capital Strength ETF has a fifty-two week low of $31.36 and a fifty-two week high of $38.61. The stock’s 50-day moving average is $35.65 and its two-hundred day moving average is $35.82.

About First Trust SMID Capital Strength ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FSCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust SMID Capital Strength ETF (NASDAQ:FSCSFree Report).

Institutional Ownership by Quarter for First Trust SMID Capital Strength ETF (NASDAQ:FSCS)

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