First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) Trading 1% Higher

First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) traded up 1% during mid-day trading on Friday . The company traded as high as $196.94 and last traded at $195.86. 119,247 shares traded hands during trading, a decline of 69% from the average session volume of 388,694 shares. The stock had previously closed at $193.92.

First Trust Dow Jones Internet Index Fund Stock Up 1.0 %

The stock’s 50 day moving average price is $201.22 and its 200-day moving average price is $200.22. The stock has a market capitalization of $5.86 billion, a P/E ratio of 36.60 and a beta of 1.47.

Institutional Investors Weigh In On First Trust Dow Jones Internet Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of FDN. First United Bank & Trust purchased a new position in shares of First Trust Dow Jones Internet Index Fund in the fourth quarter worth $26,000. Hexagon Capital Partners LLC purchased a new position in shares of First Trust Dow Jones Internet Index Fund in the fourth quarter worth $29,000. Jones Financial Companies Lllp purchased a new position in shares of First Trust Dow Jones Internet Index Fund in the fourth quarter worth $34,000. Pinnacle Bancorp Inc. purchased a new position in shares of First Trust Dow Jones Internet Index Fund in the first quarter worth $37,000. Finally, FinTrust Capital Advisors LLC purchased a new position in shares of First Trust Dow Jones Internet Index Fund in the fourth quarter worth $45,000.

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.