First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) Hits New 52-Week High at $211.13

First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $211.13 and last traded at $210.93, with a volume of 15503 shares trading hands. The stock had previously closed at $210.01.

First Trust Dow Jones Internet Index Fund Price Performance

The stock has a market capitalization of $6.31 billion, a price-to-earnings ratio of 36.60 and a beta of 1.47. The firm’s fifty day moving average is $198.20 and its 200-day moving average is $200.64.

Hedge Funds Weigh In On First Trust Dow Jones Internet Index Fund

Large investors have recently modified their holdings of the stock. Clear Creek Financial Management LLC boosted its holdings in First Trust Dow Jones Internet Index Fund by 86.7% in the first quarter. Clear Creek Financial Management LLC now owns 4,799 shares of the company’s stock worth $984,000 after purchasing an additional 2,228 shares during the period. Orion Portfolio Solutions LLC grew its position in shares of First Trust Dow Jones Internet Index Fund by 46.4% during the 4th quarter. Orion Portfolio Solutions LLC now owns 5,406 shares of the company’s stock valued at $998,000 after buying an additional 1,713 shares during the last quarter. Rollins Financial Advisors LLC acquired a new stake in First Trust Dow Jones Internet Index Fund during the fourth quarter worth about $268,000. FinTrust Capital Advisors LLC bought a new position in First Trust Dow Jones Internet Index Fund in the fourth quarter worth about $45,000. Finally, Steward Partners Investment Solutions LLC bought a new position in shares of First Trust Dow Jones Internet Index Fund during the fourth quarter valued at approximately $472,000.

First Trust Dow Jones Internet Index Fund Company Profile

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.