First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) Stock Price Down 2.4%

Shares of First Trust Dow Jones Internet Index Fund (NYSEARCA:FDNGet Free Report) dropped 2.4% during mid-day trading on Friday . The stock traded as low as $192.56 and last traded at $193.11. Approximately 223,578 shares traded hands during trading, a decline of 42% from the average daily volume of 384,546 shares. The stock had previously closed at $197.94.

First Trust Dow Jones Internet Index Fund Price Performance

The stock has a market capitalization of $5.77 billion, a P/E ratio of 36.60 and a beta of 1.47. The company has a 50 day simple moving average of $199.13 and a 200-day simple moving average of $200.55.

Hedge Funds Weigh In On First Trust Dow Jones Internet Index Fund

Large investors have recently made changes to their positions in the stock. First United Bank & Trust purchased a new position in First Trust Dow Jones Internet Index Fund during the fourth quarter valued at approximately $26,000. Pinnacle Bancorp Inc. bought a new position in First Trust Dow Jones Internet Index Fund in the 1st quarter valued at $37,000. Jones Financial Companies Lllp purchased a new position in shares of First Trust Dow Jones Internet Index Fund during the 4th quarter valued at $34,000. FinTrust Capital Advisors LLC bought a new position in shares of First Trust Dow Jones Internet Index Fund in the fourth quarter worth $45,000. Finally, Farmers & Merchants Investments Inc. raised its position in shares of First Trust Dow Jones Internet Index Fund by 602.7% in the second quarter. Farmers & Merchants Investments Inc. now owns 260 shares of the company’s stock worth $53,000 after buying an additional 223 shares in the last quarter.

First Trust Dow Jones Internet Index Fund Company Profile

(Get Free Report)

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.

See Also

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.