First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) Sees Strong Trading Volume

First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN – Get Rating) shares saw strong trading volume on Friday . 15,498 shares were traded during trading, a decline of 96% from the previous session’s volume of 410,572 shares.The stock last traded at $130.82 and had previously closed at $129.60.

First Trust Dow Jones Internet Index Fund Stock Performance

The company’s 50-day moving average price is $127.17 and its two-hundred day moving average price is $132.61.

Institutional Investors Weigh In On First Trust Dow Jones Internet Index Fund

Several large investors have recently modified their holdings of the company. ACG Wealth acquired a new stake in First Trust Dow Jones Internet Index Fund in the second quarter worth $26,000. Accurate Wealth Management LLC acquired a new stake in First Trust Dow Jones Internet Index Fund in the fourth quarter worth $28,000. Romano Brothers AND Company acquired a new stake in First Trust Dow Jones Internet Index Fund in the fourth quarter worth $29,000. Coastal Investment Advisors Inc. acquired a new stake in First Trust Dow Jones Internet Index Fund in the third quarter worth $30,000. Finally, American National Bank acquired a new stake in First Trust Dow Jones Internet Index Fund in the fourth quarter worth $31,000.

About First Trust Dow Jones Internet Index Fund

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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.