First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Stock Price Up 0.5% – What’s Next?

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) shares traded up 0.5% on Monday . The company traded as high as $36.42 and last traded at $36.99. Approximately 20 shares changed hands during trading, a decline of 92% from the average session volume of 266 shares. The stock had previously closed at $36.79.

First Trust S-Network E-Commerce ETF Price Performance

The stock’s 50-day moving average price is $35.36 and its 200-day moving average price is $34.74. The company has a market cap of $5.37 million, a P/E ratio of 19.19 and a beta of 1.00.

First Trust S-Network E-Commerce ETF Dividend Announcement

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in First Trust S-Network E-Commerce ETF stock. Royal Bank of Canada acquired a new stake in First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 30,379 shares of the company’s stock, valued at approximately $1,097,000. Royal Bank of Canada owned approximately 20.25% of First Trust S-Network E-Commerce ETF at the end of the most recent reporting period.

About First Trust S-Network E-Commerce ETF

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.