First Trust Dow Jones International Internet ETF $FDNI Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC cut its holdings in shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) by 20.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 538,197 shares of the company’s stock after selling 138,986 shares during the quarter. NewEdge Advisors LLC owned about 0.49% of First Trust Dow Jones International Internet ETF worth $13,694,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of FDNI. Raymond James Financial Inc. lifted its position in First Trust Dow Jones International Internet ETF by 5.1% in the third quarter. Raymond James Financial Inc. now owns 131,362 shares of the company’s stock valued at $5,090,000 after buying an additional 6,415 shares during the last quarter. Warner Group LLC increased its position in shares of First Trust Dow Jones International Internet ETF by 14.2% during the first quarter. Warner Group LLC now owns 129,958 shares of the company’s stock valued at $3,538,000 after acquiring an additional 16,111 shares during the last quarter. OLD Mission Capital LLC raised its stake in shares of First Trust Dow Jones International Internet ETF by 1,092.1% in the 4th quarter. OLD Mission Capital LLC now owns 85,115 shares of the company’s stock valued at $2,887,000 after acquiring an additional 77,975 shares during the period. Jane Street Group LLC raised its stake in shares of First Trust Dow Jones International Internet ETF by 777.9% in the 4th quarter. Jane Street Group LLC now owns 82,281 shares of the company’s stock valued at $2,791,000 after acquiring an additional 72,909 shares during the period. Finally, Citadel Advisors LLC lifted its holdings in shares of First Trust Dow Jones International Internet ETF by 17.6% in the 2nd quarter. Citadel Advisors LLC now owns 42,412 shares of the company’s stock worth $1,079,000 after acquiring an additional 6,358 shares during the last quarter.

First Trust Dow Jones International Internet ETF Stock Performance

NASDAQ:FDNI opened at $26.19 on Friday. The stock has a market capitalization of $28.81 million, a P/E ratio of 21.90 and a beta of 0.89. The company has a 50 day moving average price of $27.66 and a 200 day moving average price of $27.63. First Trust Dow Jones International Internet ETF has a fifty-two week low of $23.99 and a fifty-two week high of $39.97.

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.