First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Trading Up 1.1% – What’s Next?

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD)’s stock price shot up 1.1% on Monday . The stock traded as high as $13.45 and last traded at $13.39. 158,383 shares traded hands during trading, an increase of 73% from the average session volume of 91,300 shares. The stock had previously closed at $13.24.

First Trust Stoxx European Select Dividend Index Fund Stock Performance

The company has a 50-day moving average of $13.08 and a 200-day moving average of $12.18. The firm has a market capitalization of $223.91 million, a price-to-earnings ratio of 10.11 and a beta of 0.80.

Institutional Trading of First Trust Stoxx European Select Dividend Index Fund

A number of institutional investors have recently modified their holdings of the company. Next Level Private LLC lifted its stake in First Trust Stoxx European Select Dividend Index Fund by 10.0% in the 4th quarter. Next Level Private LLC now owns 139,809 shares of the company’s stock valued at $1,574,000 after acquiring an additional 12,671 shares in the last quarter. Gateway Wealth Partners LLC boosted its holdings in First Trust Stoxx European Select Dividend Index Fund by 32.7% during the fourth quarter. Gateway Wealth Partners LLC now owns 17,124 shares of the company’s stock worth $193,000 after purchasing an additional 4,219 shares during the last quarter. Hobart Private Capital LLC increased its stake in First Trust Stoxx European Select Dividend Index Fund by 19.2% in the 4th quarter. Hobart Private Capital LLC now owns 127,893 shares of the company’s stock valued at $1,440,000 after buying an additional 20,641 shares during the last quarter. Principal Securities Inc. lifted its position in First Trust Stoxx European Select Dividend Index Fund by 14.0% during the 4th quarter. Principal Securities Inc. now owns 18,817 shares of the company’s stock worth $212,000 after buying an additional 2,317 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 474.4% during the 4th quarter. Jones Financial Companies Lllp now owns 3,975 shares of the company’s stock worth $45,000 after buying an additional 3,283 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.