LPL Financial LLC Buys 43,846 Shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI)

LPL Financial LLC boosted its stake in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) by 46.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,636 shares of the company’s stock after acquiring an additional 43,846 shares during the quarter. LPL Financial LLC owned 3.47% of First Trust Dow Jones International Internet ETF worth $4,294,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in First Trust Dow Jones International Internet ETF during the 4th quarter worth about $5,537,000. GTS Securities LLC lifted its position in First Trust Dow Jones International Internet ETF by 97.1% during the 4th quarter. GTS Securities LLC now owns 101,020 shares of the company’s stock worth $2,757,000 after buying an additional 49,765 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in First Trust Dow Jones International Internet ETF during the 4th quarter worth about $416,000. Cambridge Investment Research Advisors Inc. bought a new stake in First Trust Dow Jones International Internet ETF during the 1st quarter worth about $345,000. Finally, Csenge Advisory Group bought a new stake in First Trust Dow Jones International Internet ETF during the 1st quarter worth about $324,000.

First Trust Dow Jones International Internet ETF Price Performance

Shares of NASDAQ:FDNI opened at $35.02 on Friday. The company’s 50-day moving average price is $33.71 and its two-hundred day moving average price is $32.03. First Trust Dow Jones International Internet ETF has a one year low of $23.35 and a one year high of $35.85. The stock has a market capitalization of $43.78 million, a PE ratio of 21.90 and a beta of 0.80.

First Trust Dow Jones International Internet ETF 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.