First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Trading Up 0.1% – Time to Buy?

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD)’s stock price was up 0.1% during trading on Monday . The stock traded as high as $14.59 and last traded at $14.54. Approximately 473,620 shares were traded during mid-day trading, an increase of 243% from the average daily volume of 138,010 shares. The stock had previously closed at $14.52.

First Trust Stoxx European Select Dividend Index Fund Trading Up 0.1 %

The company has a market cap of $272.63 million, a P/E ratio of 9.22 and a beta of 0.81. The business’s 50 day simple moving average is $13.55 and its 200 day simple moving average is $12.38.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. NBC Securities Inc. grew its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 109,500.0% in the first quarter. NBC Securities Inc. now owns 2,192 shares of the company’s stock valued at $29,000 after purchasing an additional 2,190 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 211.4% in the 1st quarter. IFP Advisors Inc now owns 2,304 shares of the company’s stock worth $31,000 after buying an additional 1,564 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 4,015.2% in the 1st quarter. SBI Securities Co. Ltd. now owns 2,716 shares of the company’s stock worth $37,000 after buying an additional 2,650 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of First Trust Stoxx European Select Dividend Index Fund by 364.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,900 shares of the company’s stock valued at $33,000 after buying an additional 2,275 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in First Trust Stoxx European Select Dividend Index Fund by 474.4% in the fourth quarter. Jones Financial Companies Lllp now owns 3,975 shares of the company’s stock worth $45,000 after acquiring an additional 3,283 shares in 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.