First Trust DJ Internet Index Fund (FDN)

COMMUNICATIONS: INTERNET
SIC:

120 EAST LIBERTY DRIVE, SUITE 400 WHEATON, IL 60187

First Trust Dow Jones Internet Index Fund is an exchange-traded index fund or Index ETF that is a non-diversified, exchange-traded series of the First Trust Exchange-Traded Fund, an open-end management investment company. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of the Dow Jones Internet Composite Index (Symbol: DJINET). INDEX DESCRIPTION: The Dow Jones Internet Composite Index is designed to include only companies whose primary focus is Internet-related. To be eligible for inclusion in the Index, a company must generate at least 50% of its revenues from Internet commerce or services and must currently be included in the Dow Jones U.S. Index. The Index is divided between two types of Internet companies -- Internet commerce companies and Internet services companies. Internet commerce companies are defined as those that derive the majority of their revenues from providing goods or services through an open network, whereas Internet services companies are defined as those that derive the majority of their revenues from providing access to the Internet or providing services to people using the Internet. At the IPO of the fund the Index includes 15 Internet commerce stocks and 25 Internet services stocks. Though the total stock number has remained at 40 since the Index's inception in February 1999, this number is not fixed, but rather may be raised as the market grows to cover at least 80% of market capitalization. FUND STRATEGY: The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund, using an "indexing" investment approach, attempts to replicate, before expenses, the performance of the Index. First Trust seeks a correlation of 0.95 or better (before expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. In seeking to achieve the Fund's investment objective, the Fund generally will invest in all of the stocks comprising the Index in proportion to their weightings in the Index. However, under various circumstances, it may not be possible or practicable to purchase all of those stocks in those weightings. In those circumstances, the Fund may purchase a sample of stocks in the Index. There may also be instances in which First Trust may choose to overweight certain stocks in the Index, purchase securities not in the Index which First Trust believes are appropriate to substitute for certain securities in the Index, use futures or other derivative instruments, or utilize various combinations of the above techniques in seeking to track the Index. The Fund may sell stocks that are represented in the Index in anticipation of their removal from the Index or purchase stocks not represented in the Index in anticipation of their addition to the Index.

Data based on most recent fiscal year report
Market Cap5.889 Billion Shares Outstanding49.95 Million Avg Volume662.746 Thousand
View SEC Filings from FDN instead.
Q3 2019 All Institutions Hedge Funds 1
To trade FDN now:
Filers who had this stock in their top 10: 9 1 (0.1%)
13F Filers holding this stock: 308 11 (1.15%)
Aggregate 13F shares on 09/30/2019: 36.433 Million 606.603 Thousand
Aggregate 13F shares on 06/30/2019: 38.413 Million 556.173 Thousand
Percent change: -5.15% 9.07%
Funds creating new positions: 31 2
Funds Adding to an existing position: 94 3
Funds closing out their position: 48 6
Funds reducing their position: 121 4
1 hedge funds as identified by whalewisdom.com through public filings.

Funds Holding FDN (via 13F filings)

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Mutual Funds Holding FDN BETA

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Open Market Buys/Sells Last 60 Days

Open Market Buys (P)

none

Open Market Sells (S)

none

Exercise Derivative Conversion (M)

none

Current/Former Insiders

Insider Name Type Last Reported Shares Held Last Reported Date Filings in past year

Insider Transactions Last 60 Days

Reporting Owners Transaction Date Transaction Code Shares Share Price Acquired or Disposed Shares Owned Following Transaction Combined shares owned after filing Direct/Indirect Ownership 10b-5
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