First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Hits New 52-Week High – Here’s What Happened

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $19.63 and last traded at $19.60, with a volume of 115404 shares changing hands. The stock had previously closed at $19.21.

First Trust STOXX European Select Dividend Index Fund Stock Performance

The company’s 50 day moving average price is $18.47 and its 200 day moving average price is $17.83. The company has a market cap of $886.58 million, a price-to-earnings ratio of 9.67 and a beta of 0.68.

Institutional Investors Weigh In On First Trust STOXX European Select Dividend Index Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new stake in shares of First Trust STOXX European Select Dividend Index Fund in the 2nd quarter valued at $28,000. Triumph Capital Management raised its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 280.0% in the fourth quarter. Triumph Capital Management now owns 1,900 shares of the company’s stock valued at $33,000 after buying an additional 1,400 shares during the last quarter. Darwin Wealth Management LLC bought a new position in shares of First Trust STOXX European Select Dividend Index Fund in the second quarter valued at about $34,000. N.E.W. Advisory Services LLC bought a new position in shares of First Trust STOXX European Select Dividend Index Fund in the fourth quarter valued at about $84,000. Finally, Ameritas Advisory Services LLC raised its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 2,783.3% in the third quarter. Ameritas Advisory Services LLC now owns 6,026 shares of the company’s stock valued at $97,000 after buying an additional 5,817 shares during the last quarter.

First Trust STOXX European Select Dividend Index Fund Company Profile

First Trust DJ STOXX Select Dividend 30 Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones STOXX Select Dividend 30 Index (the Index). The Index is a dividend weighted index of 30 stocks selected from the Dow Jones STOXX 600 Index, which includes high-dividend yielding companies across 18 European countries. The universe of stocks consists of dividend-paying companies in the Dow Jones STOXX 600 Index that have a positive five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less.