Raymond James Financial Inc. Sells 24,489 Shares of First Trust Dow Jones International Internet ETF $FDNI

Raymond James Financial Inc. decreased its holdings in shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) by 12.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 178,414 shares of the company’s stock after selling 24,489 shares during the quarter. Raymond James Financial Inc. owned 4.46% of First Trust Dow Jones International Internet ETF worth $5,525,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of FDNI. GTS Securities LLC raised its stake in First Trust Dow Jones International Internet ETF by 97.1% during the fourth quarter. GTS Securities LLC now owns 101,020 shares of the company’s stock worth $2,757,000 after acquiring an additional 49,765 shares in the last quarter. LPL Financial LLC boosted its holdings in First Trust Dow Jones International Internet ETF by 46.3% in the first quarter. LPL Financial LLC now owns 138,636 shares of the company’s stock valued at $4,294,000 after acquiring an additional 43,846 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in First Trust Dow Jones International Internet ETF in the fourth quarter valued at approximately $416,000. Csenge Advisory Group bought a new stake in First Trust Dow Jones International Internet ETF in the first quarter valued at approximately $324,000. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in First Trust Dow Jones International Internet ETF in the first quarter valued at approximately $345,000.

First Trust Dow Jones International Internet ETF Stock Performance

First Trust Dow Jones International Internet ETF stock opened at $35.45 on Friday. The stock has a market capitalization of $44.31 million, a price-to-earnings ratio of 21.90 and a beta of 0.80. First Trust Dow Jones International Internet ETF has a 52-week low of $23.35 and a 52-week high of $37.91. The stock’s 50 day moving average price is $34.36 and its two-hundred day moving average price is $32.52.

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.