First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Shares Up 0.5% – Time to Buy?

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) was up 0.5% on Monday . The company traded as high as $36.42 and last traded at $36.99. Approximately 20 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 266 shares. The stock had previously closed at $36.79.

First Trust S-Network E-Commerce ETF Stock Up 0.5%

The firm has a market capitalization of $5.55 million, a price-to-earnings ratio of 19.19 and a beta of 1.01. The company has a fifty day moving average price of $35.29 and a two-hundred day moving average price of $34.74.

First Trust S-Network E-Commerce ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.0712 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.28 annualized dividend and a yield of 0.8%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in First Trust S-Network E-Commerce ETF stock. Jane Street Group LLC acquired a new stake in First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,616 shares of the company’s stock, valued at approximately $539,000. Jane Street Group LLC owned 9.08% of First Trust S-Network E-Commerce ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

First Trust S-Network E-Commerce ETF Company Profile

The First Trust Nasdaq Retail ETF (ISHP) is an exchange-traded fund that is based on the S-Network Global E-Commerce index. The fund tracks an index that provides exposure to the global e-commerce industry. Securities are selected by market-cap and weighted equally. ISHP was launched on Sep 20, 2016 and is managed by First Trust.