First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Declares Quarterly Dividend of $0.07

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be given a dividend of 0.0712 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust S-Network E-Commerce ETF Stock Performance

Shares of NASDAQ:ISHP traded up $0.00 during trading hours on Thursday, hitting $32.98. 8 shares of the company’s stock traded hands, compared to its average volume of 309. The company’s fifty day simple moving average is $34.44 and its two-hundred day simple moving average is $36.06. The company has a market cap of $4.95 million, a price-to-earnings ratio of 19.19 and a beta of 1.01. First Trust S-Network E-Commerce ETF has a 52 week low of $32.05 and a 52 week high of $42.95.

Hedge Funds Weigh In On First Trust S-Network E-Commerce ETF

An institutional investor recently bought a new position in First Trust S-Network E-Commerce ETF stock. Royal Bank of Canada bought a new stake in shares of First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 30,379 shares of the company’s stock, valued at approximately $1,097,000. Royal Bank of Canada owned about 20.25% of First Trust S-Network E-Commerce ETF as of its most recent SEC filing.

About First Trust S-Network E-Commerce ETF

The First Trust Nasdaq Retail ETF (ISHP) is an exchange-traded fund that is based on the S-Network Global E-Commerce index. The fund tracks an index that provides exposure to the global e-commerce industry. Securities are selected by market-cap and weighted equally. ISHP was launched on Sep 20, 2016 and is managed by First Trust.