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

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) shares rose 1.3% on Tuesday . The stock traded as high as $12.00 and last traded at $11.99. Approximately 41,180 shares changed 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 Price Performance

The firm has a market cap of $162.16 million, a PE ratio of 6.24 and a beta of 0.79. The company’s 50 day moving average price is $11.58 and its two-hundred day moving average price is $11.43.

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

Several institutional investors have recently made changes to their positions in FDD. Sterling Manor Financial LLC boosted its stake in First Trust Stoxx European Select Dividend Index Fund by 1.4% during the 3rd quarter. Sterling Manor Financial LLC now owns 802,548 shares of the company’s stock worth $8,740,000 after purchasing an additional 11,093 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of First Trust Stoxx European Select Dividend Index Fund during the 4th quarter valued at about $8,165,000. Intellectus Partners LLC boosted its position in shares of First Trust Stoxx European Select Dividend Index Fund by 20.2% during the 4th 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 last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust Stoxx European Select Dividend Index Fund by 1.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 227,605 shares of the company’s stock valued at $2,747,000 after acquiring an additional 4,150 shares during the last quarter. Finally, Elevated Capital Advisors LLC boosted its position in shares of First Trust Stoxx European Select Dividend Index Fund by 6.4% during the 1st quarter. Elevated Capital Advisors LLC now owns 154,697 shares of the company’s stock valued at $1,830,000 after acquiring an additional 9,284 shares during the last quarter.

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.