The First Trust Dow Jones Internet Index Fund (FDN) experienced a significant inflow of approximately $429.7 million, marking a 9.2% week-over-week increase in outstanding units. The number of units rose from 19,500,002 to 21,300,002. This data was reported on [specific date], highlighting the growing interest in this ETF.
As of the latest trading session, FDN’s share price is $238.50, with a 52-week low of $191.37 and a high of $287.81. Among its key components, Netflix Inc (NFLX) increased by 0.9%, while Booking Holdings Inc (BKNG) and Arista Networks Inc (ANET) saw slight declines of 0.2% and 4.5%, respectively.
This trend indicates a notable shift in investor sentiment toward internet sector stocks encapsulated by FDN, reflecting broader market dynamics.
