Significant Inflows Boost First Trust Dow Jones Internet Index Fund

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The First Trust Dow Jones Internet Index Fund (FDN) experienced a significant inflow of approximately $122.2 million, marking a 2.3% increase in outstanding units, from 32,200,002 to 32,950,002. This change was reported amidst trading on an unspecified date.

Notable underlying stocks in the FDN include Netflix Inc (NFLX), which fell by 1.2%, and PayPal Holdings Inc (PYPL), which rose by 1.6%. Airbnb Inc (ABNB) saw a substantial increase of about 4.5%. FDN’s current price is $163.70, against a 52-week low of $114.86 and a high of $165.48.

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