First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) Stock Price Up 1.7%

Shares of First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) shot up 1.7% during mid-day trading on Thursday . The stock traded as high as $206.50 and last traded at $206.15. 272,119 shares were traded during mid-day trading, a decline of 31% from the average session volume of 395,908 shares. The stock had previously closed at $202.70.

First Trust Dow Jones Internet Index Fund Trading Down 0.6 %

The stock has a fifty day simple moving average of $200.26 and a two-hundred day simple moving average of $197.61. The company has a market cap of $6.13 billion, a PE ratio of 36.60 and a beta of 1.47.

Institutional Investors Weigh In On First Trust Dow Jones Internet Index Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Citigroup Inc. boosted its stake in shares of First Trust Dow Jones Internet Index Fund by 16.1% during the 3rd quarter. Citigroup Inc. now owns 2,545 shares of the company’s stock worth $406,000 after acquiring an additional 352 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of First Trust Dow Jones Internet Index Fund by 463.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 19,674 shares of the company’s stock worth $3,140,000 after acquiring an additional 16,184 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of First Trust Dow Jones Internet Index Fund by 585.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 7,988 shares of the company’s stock worth $1,275,000 after acquiring an additional 6,823 shares in the last quarter. Truist Financial Corp boosted its stake in shares of First Trust Dow Jones Internet Index Fund by 3.5% during the 3rd quarter. Truist Financial Corp now owns 173,853 shares of the company’s stock worth $27,749,000 after acquiring an additional 5,938 shares in the last quarter. Finally, Peterson Wealth Management boosted its stake in shares of First Trust Dow Jones Internet Index Fund by 29.3% during the 3rd quarter. Peterson Wealth Management now owns 11,670 shares of the company’s stock worth $1,863,000 after acquiring an additional 2,647 shares in the last quarter.

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.