First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) shares crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $35.13 and traded as high as $35.19. First Trust S-Network E-Commerce ETF shares last traded at $35.4640, with a volume of 6 shares.

First Trust S-Network E-Commerce ETF Stock Up 4.8%

The stock’s fifty day moving average price is $34.94 and its 200-day moving average price is $35.09. The company has a market capitalization of $5.49 million, a price-to-earnings ratio of 17.68 and a beta of 1.00.

First Trust S-Network E-Commerce ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.0708 dividend. This represents a $0.28 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, September 24th. This is a decrease from First Trust S-Network E-Commerce ETF’s previous quarterly dividend of $0.0712.

First Trust S-Network E-Commerce ETF Company Profile

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.