First Trust Dow Jones Internet Index Fund (FDN) Holdings Trimmed by Financial Advocates Investment Management

Financial Advocates Investment Management lowered its holdings in shares of First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN) by 8.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,287 shares of the company’s stock after selling 2,548 shares during the quarter. Financial Advocates Investment Management’s holdings in First Trust Dow Jones Internet Index Fund were worth $1,560,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley increased its holdings in First Trust Dow Jones Internet Index Fund by 1.4% in the 3rd quarter. Morgan Stanley now owns 3,167,303 shares of the company’s stock worth $448,301,000 after acquiring an additional 43,724 shares in the last quarter. Assetmark Inc. boosted its stake in First Trust Dow Jones Internet Index Fund by 3.2% in the 3rd quarter. Assetmark Inc. now owns 900,509 shares of the company’s stock worth $127,458,000 after purchasing an additional 28,310 shares during the period. LPL Financial LLC boosted its stake in First Trust Dow Jones Internet Index Fund by 7.8% in the 3rd quarter. LPL Financial LLC now owns 626,205 shares of the company’s stock worth $88,633,000 after purchasing an additional 45,238 shares during the period. Commonwealth Equity Services LLC boosted its stake in First Trust Dow Jones Internet Index Fund by 10.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 257,766 shares of the company’s stock worth $30,071,000 after purchasing an additional 23,711 shares during the period. Finally, First Republic Investment Management Inc. boosted its stake in First Trust Dow Jones Internet Index Fund by 4.2% in the 3rd quarter. First Republic Investment Management Inc. now owns 232,631 shares of the company’s stock worth $32,927,000 after purchasing an additional 9,409 shares during the period.

Shares of NYSEARCA FDN traded down $0.21 during midday trading on Friday, reaching $142.34. 335,767 shares of the stock traded hands, compared to its average volume of 681,880. First Trust Dow Jones Internet Index Fund has a one year low of $107.06 and a one year high of $147.73.

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About First Trust Dow Jones Internet Index Fund

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.

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Institutional Ownership by Quarter for First Trust Dow Jones Internet Index Fund (NYSEARCA:FDN)

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