First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Stock Price Up 0.3% – Here’s Why

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) shot up 0.3% on Monday . The stock traded as high as $11.59 and last traded at $11.52. 128,036 shares traded hands during trading, an increase of 49% from the average session volume of 86,103 shares. The stock had previously closed at $11.49.

First Trust Stoxx European Select Dividend Index Fund Stock Performance

The firm has a market cap of $155.82 million, a PE ratio of 6.33 and a beta of 0.76. The firm has a fifty day simple moving average of $11.45 and a two-hundred day simple moving average of $11.90.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. Benjamin Edwards Inc. increased its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 707.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 22,103 shares of the company’s stock valued at $275,000 after acquiring an additional 19,364 shares during the period. Rockefeller Capital Management L.P. increased its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 3.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 50,893 shares of the company’s stock valued at $634,000 after acquiring an additional 1,773 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of First Trust Stoxx European Select Dividend Index Fund in the 3rd quarter valued at $28,000. Intellectus Partners LLC increased its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 4.9% in the 3rd quarter. Intellectus Partners LLC now owns 533,283 shares of the company’s stock valued at $6,645,000 after acquiring an additional 24,872 shares during the period. Finally, Harbour Investments Inc. increased its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 1.3% in the 3rd quarter. Harbour Investments Inc. now owns 158,443 shares of the company’s stock valued at $1,974,000 after acquiring an additional 2,081 shares during the period.

About First Trust Stoxx European Select Dividend Index Fund

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.