Smart Portfolios LLC Has $2.12 Million Stake in First Trust Dow Jones International Internet ETF $FDNI

Smart Portfolios LLC decreased its stake in shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) by 3.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 62,946 shares of the company’s stock after selling 2,527 shares during the period. First Trust Dow Jones International Internet ETF accounts for about 2.1% of Smart Portfolios LLC’s holdings, making the stock its 11th largest position. Smart Portfolios LLC owned about 5.04% of First Trust Dow Jones International Internet ETF worth $2,118,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in FDNI. LPL Financial LLC increased its holdings in shares of First Trust Dow Jones International Internet ETF by 46.3% during the 1st quarter. LPL Financial LLC now owns 138,636 shares of the company’s stock valued at $4,294,000 after acquiring an additional 43,846 shares during the last quarter. Global View Capital Management LLC acquired a new position in shares of First Trust Dow Jones International Internet ETF during the 1st quarter valued at about $688,000. Flow Traders U.S. LLC acquired a new position in shares of First Trust Dow Jones International Internet ETF during the 1st quarter valued at about $536,000. Csenge Advisory Group acquired a new position in shares of First Trust Dow Jones International Internet ETF during the 1st quarter valued at about $324,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of First Trust Dow Jones International Internet ETF during the 1st quarter valued at about $345,000.

First Trust Dow Jones International Internet ETF Stock Performance

Shares of NASDAQ FDNI opened at $37.11 on Wednesday. The business’s 50-day simple moving average is $36.84 and its 200-day simple moving average is $33.64. First Trust Dow Jones International Internet ETF has a 52 week low of $25.71 and a 52 week high of $39.97. The firm has a market cap of $46.39 million, a price-to-earnings ratio of 21.90 and a beta of 0.80.

First Trust Dow Jones International Internet ETF Profile

The First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that is based on the Dow Jones International Internet index, a market-cap-weighted index that holds a concentrated portfolio of the largest internet services and commerce companies outside of the US. FDNI was launched on Nov 5, 2018 and is managed by First Trust.