Twin Peaks Wealth Advisors LLC Lowers Stake in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI)

Twin Peaks Wealth Advisors LLC lessened its position in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) by 28.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 7,327 shares of the company’s stock after selling 2,882 shares during the period. Twin Peaks Wealth Advisors LLC owned approximately 0.59% of First Trust Dow Jones International Internet ETF worth $211,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of First Trust Dow Jones International Internet ETF in the 4th quarter worth $5,537,000. GTS Securities LLC lifted its stake in shares of First Trust Dow Jones International Internet ETF by 97.1% in the 4th quarter. GTS Securities LLC now owns 101,020 shares of the company’s stock worth $2,757,000 after acquiring an additional 49,765 shares during the period. LPL Financial LLC lifted its stake in shares of First Trust Dow Jones International Internet ETF by 6.4% in the 4th quarter. LPL Financial LLC now owns 94,790 shares of the company’s stock worth $2,587,000 after acquiring an additional 5,737 shares during the period. OLD Mission Capital LLC lifted its stake in shares of First Trust Dow Jones International Internet ETF by 370.8% in the 4th quarter. OLD Mission Capital LLC now owns 61,431 shares of the company’s stock worth $1,676,000 after acquiring an additional 48,382 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of First Trust Dow Jones International Internet ETF in the fourth quarter valued at about $416,000.

First Trust Dow Jones International Internet ETF Stock Down 2.1%

Shares of NASDAQ FDNI opened at $32.58 on Friday. First Trust Dow Jones International Internet ETF has a 52 week low of $21.82 and a 52 week high of $34.12. The firm has a 50-day moving average price of $31.12 and a 200 day moving average price of $30.26. The stock has a market capitalization of $130.32 million, a price-to-earnings ratio of 21.55 and a beta of 0.80.

About First Trust Dow Jones International Internet ETF

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.