First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Trading 1% Higher

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDDGet Free Report)’s stock price shot up 1% during trading on Tuesday . The stock traded as high as $12.62 and last traded at $12.61. 140,644 shares were traded during mid-day trading, an increase of 136% from the average session volume of 59,709 shares. The stock had previously closed at $12.49.

First Trust Stoxx European Select Dividend Index Fund Price Performance

The company’s 50-day moving average price is $11.84 and its two-hundred day moving average price is $11.59. The company has a market capitalization of $167.08 million, a P/E ratio of 6.33 and a beta of 0.76.

Hedge Funds Weigh In On First Trust Stoxx European Select Dividend Index Fund

Several institutional investors and hedge funds have recently made changes to their positions in FDD. NBC Securities Inc. acquired a new stake in First Trust Stoxx European Select Dividend Index Fund in the 3rd quarter worth about $27,000. GAMMA Investing LLC acquired a new stake in shares of First Trust Stoxx European Select Dividend Index Fund in the fourth quarter valued at approximately $32,000. Tucker Asset Management LLC boosted its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 53.6% in the third quarter. Tucker Asset Management LLC now owns 8,177 shares of the company’s stock valued at $89,000 after buying an additional 2,852 shares during the period. Private Advisor Group LLC bought a new stake in shares of First Trust Stoxx European Select Dividend Index Fund in the fourth quarter valued at approximately $140,000. Finally, Virtu Financial LLC acquired a new stake in First Trust Stoxx European Select Dividend Index Fund during the fourth quarter worth approximately $198,000.

About First Trust Stoxx European Select Dividend Index Fund

(Get Free Report)

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.

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