First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) Trading 1.6% Higher

First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) traded up 1.6% during mid-day trading on Thursday . The stock traded as high as $200.20 and last traded at $200.13. 312,540 shares were traded during trading, a decline of 29% from the average session volume of 443,043 shares. The stock had previously closed at $197.06.

First Trust Dow Jones Internet Index Fund Stock Up 0.4 %

The business’s 50 day simple moving average is $201.82 and its 200 day simple moving average is $187.16. The stock has a market cap of $6.01 billion, a price-to-earnings ratio of 36.60 and a beta of 1.47.

Hedge Funds Weigh In On First Trust Dow Jones Internet Index Fund

Several large investors have recently modified their holdings of the stock. First United Bank & Trust acquired a new position in First Trust Dow Jones Internet Index Fund in the 4th quarter valued at $26,000. Bogart Wealth LLC grew its stake in shares of First Trust Dow Jones Internet Index Fund by 108.4% in the third quarter. Bogart Wealth LLC now owns 173 shares of the company’s stock valued at $28,000 after acquiring an additional 90 shares in the last quarter. Hexagon Capital Partners LLC bought a new position in First Trust Dow Jones Internet Index Fund during the fourth quarter worth about $29,000. Buck Wealth Strategies LLC acquired a new stake in First Trust Dow Jones Internet Index Fund in the 3rd quarter worth about $34,000. Finally, Jones Financial Companies Lllp bought a new stake in First Trust Dow Jones Internet Index Fund in the 4th quarter valued at about $34,000.

About First Trust Dow Jones Internet Index Fund

First Trust Dow Jones Internet Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Internet Composite Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.