First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Friday. The stock traded as high as $299.00 and last traded at $297.9230, with a volume of 4153 shares. The stock had previously closed at $294.97.
First Trust Dow Jones Internet Index Fund Trading Up 1.5%
The firm has a market cap of $5.45 billion, a PE ratio of 32.59 and a beta of 1.23. The business’s 50-day simple moving average is $289.55 and its 200 day simple moving average is $272.22.
Hedge Funds Weigh In On First Trust Dow Jones Internet Index Fund
Large investors have recently bought and sold shares of the business. SHP Wealth Management purchased a new position in shares of First Trust Dow Jones Internet Index Fund in the 4th quarter valued at $27,000. Hyposwiss Advisors SA bought a new stake in First Trust Dow Jones Internet Index Fund during the fourth quarter valued at about $32,000. Park National Corp OH purchased a new position in First Trust Dow Jones Internet Index Fund in the first quarter valued at about $28,000. Compass Financial Management LLC purchased a new position in First Trust Dow Jones Internet Index Fund in the second quarter valued at about $34,000. Finally, Trust Co. of Vermont bought a new position in First Trust Dow Jones Internet Index Fund in the second quarter worth about $34,000. Institutional investors own 70.10% of the company’s stock.
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. The Index represents companies that generate the majority of their revenues via the Internet. The Index aims to represent 80% of the float-adjusted Internet equity universe. The Index contains two sub-indexes, the Dow Jones Internet Commerce Index and the Dow Jones Internet Services Index.
Further Reading
- Five stocks we like better than First Trust Dow Jones Internet Index Fund
- Arista Networks Plugs Into All-Time Highs
- Microsoft Is Almost Back to $555—Now the Hard Part Begins
- Marvell Says Connecting AI Chips Could Be a $37 Billion Business—These 2 Stocks Rallied Too
- JetBlue’s LaGuardia Win Could Change Its Financial Future
Receive News & Ratings for First Trust Dow Jones Internet Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Dow Jones Internet Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.
