6,409 Shares in First Trust S-Network E-Commerce ETF $ISHP Bought by Insight Advisors LLC PA

Insight Advisors LLC PA purchased a new stake in First Trust S-Network E-Commerce ETF (NASDAQ:ISHPFree Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 6,409 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fulcrum Equity Management acquired a new position in shares of First Trust S-Network E-Commerce ETF in the 1st quarter valued at about $1,001,000. OLD Mission Capital LLC purchased a new position in First Trust S-Network E-Commerce ETF during the first quarter valued at approximately $605,000. Finally, Royal Bank of Canada purchased a new position in First Trust S-Network E-Commerce ETF during the first quarter valued at approximately $1,097,000.

First Trust S-Network E-Commerce ETF Price Performance

Shares of NASDAQ ISHP opened at $41.06 on Friday. The stock has a market capitalization of $6.16 million, a price-to-earnings ratio of 19.19 and a beta of 0.99. First Trust S-Network E-Commerce ETF has a 12 month low of $31.39 and a 12 month high of $42.95. The firm’s 50 day simple moving average is $41.49 and its 200-day simple moving average is $39.35.

First Trust S-Network E-Commerce ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.0404 per share. This represents a $0.16 annualized dividend and a yield of 0.4%. The ex-dividend date was Thursday, September 25th.

First Trust S-Network E-Commerce ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ISHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust S-Network E-Commerce ETF (NASDAQ:ISHPFree Report).

Institutional Ownership by Quarter for First Trust S-Network E-Commerce ETF (NASDAQ:ISHP)

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