Smart Portfolios LLC Sells 1,709 Shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI)

Posted by Phillip Gast on Mar 12th, 2025

Smart Portfolios LLC cut its position in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Free Report) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 66,766 shares of the company’s stock after selling 1,709 shares during the period. First Trust Dow Jones International Internet ETF comprises about 1.9% of Smart Portfolios LLC’s portfolio, making the stock its 13th largest position. Smart Portfolios LLC owned approximately 5.14% of First Trust Dow Jones International Internet ETF worth $1,822,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FDNI. Flow Traders U.S. LLC acquired a new position in shares of First Trust Dow Jones International Internet ETF in the third quarter valued at approximately $233,000. Jane Street Group LLC bought a new position in shares of First Trust Dow Jones International Internet ETF in the 3rd quarter valued at $634,000. Finally, Raymond James Financial Inc. bought a new position in shares of First Trust Dow Jones International Internet ETF in the 4th quarter valued at $5,537,000.

First Trust Dow Jones International Internet ETF Stock Up 1.6 %

NASDAQ FDNI opened at $31.87 on Wednesday. The stock has a fifty day simple moving average of $29.86 and a 200 day simple moving average of $28.45. First Trust Dow Jones International Internet ETF has a twelve month low of $21.81 and a twelve month high of $34.12. The company has a market capitalization of $41.43 million, a price-to-earnings ratio of 24.04 and a beta of 0.80.

First Trust Dow Jones International Internet ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.222 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Dow Jones International Internet ETF

(Free Report)

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.