First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Shares Down 0.1%

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD)’s stock price dropped 0.1% on Wednesday . The stock traded as low as $12.39 and last traded at $12.42. Approximately 12,871 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 53,394 shares. The stock had previously closed at $12.44.

First Trust Stoxx European Select Dividend Index Fund Price Performance

The company has a market cap of $164.56 million, a PE ratio of 6.33 and a beta of 0.76. The business’s 50 day moving average is $12.17 and its 200-day moving average is $12.08.

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

Several large investors have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. boosted its position in shares of First Trust Stoxx European Select Dividend Index Fund by 5.7% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 18,106 shares of the company’s stock worth $214,000 after acquiring an additional 970 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in First Trust Stoxx European Select Dividend Index Fund by 2.0% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 58,720 shares of the company’s stock valued at $694,000 after purchasing an additional 1,140 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in First Trust Stoxx European Select Dividend Index Fund by 2.8% in the second quarter. Commonwealth Equity Services LLC now owns 60,638 shares of the company’s stock valued at $710,000 after purchasing an additional 1,673 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in First Trust Stoxx European Select Dividend Index Fund by 16.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 15,662 shares of the company’s stock worth $171,000 after purchasing an additional 2,208 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in First Trust Stoxx European Select Dividend Index Fund during the second quarter worth approximately $26,000.

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.