NewEdge Advisors LLC Trims Stock Position in First Trust Dow Jones International Internet ETF $FDNI

NewEdge Advisors LLC trimmed its holdings in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) by 77.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 64,786 shares of the company’s stock after selling 225,174 shares during the period. NewEdge Advisors LLC owned 4.47% of First Trust Dow Jones International Internet ETF worth $1,764,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FDNI. OLD Mission Capital LLC boosted its position in shares of First Trust Dow Jones International Internet ETF by 1,092.1% in the fourth quarter. OLD Mission Capital LLC now owns 85,115 shares of the company’s stock worth $2,887,000 after acquiring an additional 77,975 shares during the last quarter. Jane Street Group LLC increased its position in First Trust Dow Jones International Internet ETF by 777.9% during the fourth quarter. Jane Street Group LLC now owns 82,281 shares of the company’s stock worth $2,791,000 after purchasing an additional 72,909 shares during the last quarter. Millennium Management LLC acquired a new position in First Trust Dow Jones International Internet ETF during the fourth quarter worth approximately $1,116,000. Warner Group LLC raised its stake in 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 worth $3,538,000 after purchasing an additional 16,111 shares during the period. Finally, Raymond James Financial Inc. raised its stake in First Trust Dow Jones International Internet ETF by 5.1% during the third quarter. Raymond James Financial Inc. now owns 131,362 shares of the company’s stock worth $5,090,000 after purchasing an additional 6,415 shares during the period.

First Trust Dow Jones International Internet ETF Stock Down 0.7%

Shares of FDNI opened at $27.75 on Friday. The firm has a market cap of $31.91 million, a PE ratio of 21.90 and a beta of 0.89. The company’s fifty day moving average is $26.71 and its two-hundred day moving average is $28.57. 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 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.