First Trust S-Network E-Commerce ETF (ISHP)
First Trust S-Network E-Commerce ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $36.43, up 0.86% on the session, giving a market capitalisation of $5.1M. Its beta of 1.00 implies it has historically moved less than the broad market.
The First Trust S-Network E-Commerce ETF, previously recognized as the First Trust Nasdaq Retail ETF, is an investment vehicle designed to closely mirror the financial performance—both in terms of price appreciation and income generation—of an equity benchmark known as the S-Network Global E-Commerce Index. This tracking objective is considered before the ETF's own operational fees and expenses are deducted. To achieve this, the fund generally allocates at least 90% of its total net assets (including any funds borrowed for investment purposes) to the common stocks and depository receipts that comprise this index.
First Trust S-Network E-Commerce ETF is most often compared with the following Financial Services names: