Twin Peaks Wealth Advisors LLC Decreases Stock Position in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI)

Twin Peaks Wealth Advisors LLC cut its position in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) by 28.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 7,327 shares of the company’s stock after selling 2,882 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in First Trust Dow Jones International Internet ETF were worth $211,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of First Trust Dow Jones International Internet ETF in the fourth quarter valued at $5,537,000. GTS Securities LLC boosted its stake in shares of First Trust Dow Jones International Internet ETF by 97.1% in the fourth quarter. GTS Securities LLC now owns 101,020 shares of the company’s stock valued at $2,757,000 after purchasing an additional 49,765 shares during the period. LPL Financial LLC boosted its stake in shares of First Trust Dow Jones International Internet ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 94,790 shares of the company’s stock valued at $2,587,000 after purchasing an additional 5,737 shares during the period. OLD Mission Capital LLC boosted its stake in shares of First Trust Dow Jones International Internet ETF by 370.8% in the fourth quarter. OLD Mission Capital LLC now owns 61,431 shares of the company’s stock valued at $1,676,000 after purchasing an additional 48,382 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of First Trust Dow Jones International Internet ETF in the fourth quarter valued at $416,000.

First Trust Dow Jones International Internet ETF Trading Down 2.1%

Shares of FDNI stock opened at $32.58 on Friday. The company has a market capitalization of $130.32 million, a PE ratio of 21.55 and a beta of 0.80. The firm has a fifty day simple moving average of $31.12 and a 200-day simple moving average of $30.26. First Trust Dow Jones International Internet ETF has a twelve month low of $21.82 and a twelve month high of $34.12.

First Trust Dow Jones International Internet ETF Company 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.