First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Reaches New 52-Week High – What’s Next?

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $19.50 and last traded at $19.4450, with a volume of 83010 shares trading hands. The stock had previously closed at $19.09.

First Trust STOXX European Select Dividend Index Fund Stock Up 1.9%

The stock has a market cap of $876.67 million, a PE ratio of 9.67 and a beta of 0.68. The firm has a fifty day moving average of $18.27 and a 200 day moving average of $17.60.

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

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. purchased a new position in First Trust STOXX European Select Dividend Index Fund in the second quarter valued at $28,000. Triumph Capital Management increased its holdings in First Trust STOXX European Select Dividend Index Fund by 280.0% in the fourth quarter. Triumph Capital Management now owns 1,900 shares of the company’s stock valued at $33,000 after buying an additional 1,400 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in First Trust STOXX European Select Dividend Index Fund in the second quarter valued at $34,000. N.E.W. Advisory Services LLC purchased a new position in shares of First Trust STOXX European Select Dividend Index Fund during the fourth quarter worth about $84,000. Finally, Ameritas Advisory Services LLC grew its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 2,783.3% during the third quarter. Ameritas Advisory Services LLC now owns 6,026 shares of the company’s stock worth $97,000 after purchasing an additional 5,817 shares during 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. The universe of stocks consists of dividend-paying companies in the Dow Jones STOXX 600 Index that have a positive five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less.