First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) Sees Unusually-High Trading Volume

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First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) saw an uptick in trading volume on Monday . 6,020 shares changed hands during trading, a decline of 98% from the previous session’s volume of 293,085 shares.The stock last traded at $229.98 and had previously closed at $228.99.

The company has a fifty day moving average price of $236.37 and a 200 day moving average price of $240.71.

A number of institutional investors and hedge funds have recently modified their holdings of FDN. Evolution Wealth Advisors LLC purchased a new stake in First Trust Dow Jones Internet Index Fund in the third quarter worth approximately $27,000. Parisi Gray Wealth Management purchased a new stake in First Trust Dow Jones Internet Index Fund in the second quarter worth approximately $28,000. SOA Wealth Advisors LLC. lifted its position in First Trust Dow Jones Internet Index Fund by 192.0% in the third quarter. SOA Wealth Advisors LLC. now owns 146 shares of the company’s stock valued at $34,000 after purchasing an additional 96 shares during the last quarter. Bbva USA bought a new stake in First Trust Dow Jones Internet Index Fund in the second quarter valued at approximately $37,000. Finally, Signature Securities Group Corporation bought a new stake in First Trust Dow Jones Internet Index Fund in the third quarter valued at approximately $46,000.

First Trust Dow Jones Internet Index Fund Company Profile (NYSEARCA:FDN)

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.

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