First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Shares Down 0% – Here’s What Happened

by · The Cerbat Gem

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP – Get Free Report)’s stock price traded down 0% during mid-day trading on Monday . The stock traded as low as $37.06 and last traded at $36.8690. Approximately 15 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 278 shares. The stock had previously closed at $36.87.

First Trust S-Network E-Commerce ETF Price Performance

The business has a 50 day moving average of $34.46 and a 200 day moving average of $34.89. The firm has a market capitalization of $5.54 million, a price-to-earnings ratio of 19.19 and a beta of 1.01.

First Trust S-Network E-Commerce ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.0712 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.28 dividend on an annualized basis and a yield of 0.8%.

Institutional Trading of First Trust S-Network E-Commerce ETF

An institutional investor recently raised its stake in First Trust S-Network E-Commerce ETF stock. Jane Street Group LLC increased its position in shares of First Trust S-Network E-Commerce ETF (NASDAQ:ISHP – Free Report) by 49.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,419 shares of the company’s stock after acquiring an additional 10,706 shares during the quarter. Jane Street Group LLC owned about 21.61% of First Trust S-Network E-Commerce ETF worth $1,269,000 as of its most recent SEC filing.

About First Trust S-Network E-Commerce ETF

(Get Free Report)

The First Trust Nasdaq Retail ETF (ISHP) is an exchange-traded fund that is based on the S-Network Global E-Commerce index. The fund tracks an index that provides exposure to the global e-commerce industry. Securities are selected by market-cap and weighted equally. ISHP was launched on Sep 20, 2016 and is managed by First Trust.

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