First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Trading Up 1.3%

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) was up 1.3% during trading on Tuesday . The company traded as high as $12.00 and last traded at $11.99. Approximately 41,180 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 59,848 shares. The stock had previously closed at $11.84.

First Trust Stoxx European Select Dividend Index Fund Stock Performance

The business’s fifty day moving average is $11.58 and its 200 day moving average is $11.43. The firm has a market capitalization of $162.16 million, a P/E ratio of 6.24 and a beta of 0.79.

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

A number of large investors have recently made changes to their positions in FDD. OLD Mission Capital LLC acquired a new stake in shares of First Trust Stoxx European Select Dividend Index Fund during the fourth quarter valued at approximately $8,165,000. Intellectus Partners LLC raised its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 20.2% during the fourth quarter. Intellectus Partners LLC now owns 479,046 shares of the company’s stock valued at $5,782,000 after acquiring an additional 80,660 shares during the period. BlueChip Wealth Advisors LLC acquired a new stake in shares of First Trust Stoxx European Select Dividend Index Fund during the fourth quarter valued at approximately $920,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of First Trust Stoxx European Select Dividend Index Fund during the third quarter valued at approximately $644,000. Finally, Hobart Private Capital LLC acquired a new stake in shares of First Trust Stoxx European Select Dividend Index Fund during the fourth quarter valued at approximately $558,000.

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.