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

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $19.62 and last traded at $19.51, with a volume of 155110 shares. The stock had previously closed at $19.45.

First Trust STOXX European Select Dividend Index Fund Stock Up 0.3%

The company has a market cap of $878.93 million, a P/E ratio of 9.67 and a beta of 0.68. The business’s 50 day moving average is $18.32 and its 200 day moving average is $17.69.

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. bought a new position in First Trust STOXX European Select Dividend Index Fund in the second quarter worth approximately $28,000. Triumph Capital Management raised its stake 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 worth $33,000 after buying an additional 1,400 shares in the last quarter. Darwin Wealth Management LLC bought a new position in First Trust STOXX European Select Dividend Index Fund in the second quarter worth approximately $34,000. N.E.W. Advisory Services LLC bought a new position in First Trust STOXX European Select Dividend Index Fund in the fourth quarter worth approximately $84,000. Finally, Ameritas Advisory Services LLC raised its stake in First Trust STOXX European Select Dividend Index Fund by 2,783.3% in the third quarter. Ameritas Advisory Services LLC now owns 6,026 shares of the company’s stock worth $97,000 after buying an additional 5,817 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. 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.