NewEdge Advisors LLC boosted its stake in shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Free Report) by 133.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 677,183 shares of the company’s stock after purchasing an additional 387,223 shares during the quarter. NewEdge Advisors LLC owned about 0.47% of First Trust Dow Jones International Internet ETF worth $18,436,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sankala Group LLC acquired a new stake in shares of First Trust Dow Jones International Internet ETF in the 4th quarter worth approximately $30,000. Wells Fargo & Company MN acquired a new stake in First Trust Dow Jones International Internet ETF in the fourth quarter valued at $57,000. ICONIQ Capital LLC acquired a new stake in First Trust Dow Jones International Internet ETF in the fourth quarter valued at $79,000. Jane Street Group LLC purchased a new position in shares of First Trust Dow Jones International Internet ETF in the second quarter valued at $815,000. Finally, Millennium Management LLC acquired a new position in shares of First Trust Dow Jones International Internet ETF during the 4th quarter worth $1,116,000.
First Trust Dow Jones International Internet ETF Trading Up 1.6%
Shares of NASDAQ FDNI opened at $29.31 on Friday. The company’s 50-day moving average price is $26.85 and its 200 day moving average price is $28.35. First Trust Dow Jones International Internet ETF has a 52 week low of $23.99 and a 52 week high of $39.97. The stock has a market cap of $32.24 million, a price-to-earnings ratio of 21.90 and a beta of 0.89.
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.
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Want to see what other hedge funds are holding FDNI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Free Report).
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