Insight Advisors LLC PA Invests $253,000 in First Trust S-Network E-Commerce ETF $ISHP

Insight Advisors LLC PA acquired a new position in First Trust S-Network E-Commerce ETF (NASDAQ:ISHPFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 6,409 shares of the company’s stock, valued at approximately $253,000. Insight Advisors LLC PA owned approximately 4.27% of First Trust S-Network E-Commerce ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of ISHP. Royal Bank of Canada purchased a new position in shares of First Trust S-Network E-Commerce ETF during the first quarter valued at approximately $1,097,000. Fulcrum Equity Management purchased a new stake in First Trust S-Network E-Commerce ETF during the 1st quarter valued at $1,001,000. Finally, OLD Mission Capital LLC bought a new position in shares of First Trust S-Network E-Commerce ETF during the 1st quarter valued at $605,000.

First Trust S-Network E-Commerce ETF Stock Performance

ISHP stock opened at $41.06 on Friday. The business’s 50-day moving average is $41.49 and its two-hundred day moving average is $39.35. The company has a market cap of $6.16 million, a price-to-earnings ratio of 19.19 and a beta of 0.99. First Trust S-Network E-Commerce ETF has a fifty-two week low of $31.39 and a fifty-two week high of $42.95.

First Trust S-Network E-Commerce ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.0404 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%.

About First Trust S-Network E-Commerce ETF

(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.

See Also

Institutional Ownership by Quarter for First Trust S-Network E-Commerce ETF (NASDAQ:ISHP)

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