First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Trading Down 0.3% – Time to Sell?

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD)’s share price dropped 0.3% on Monday . The stock traded as low as $11.21 and last traded at $11.24. Approximately 134,359 shares changed hands during trading, an increase of 156% from the average daily volume of 52,556 shares. The stock had previously closed at $11.27.

First Trust Stoxx European Select Dividend Index Fund Stock Performance

The company has a 50 day simple moving average of $11.62 and a two-hundred day simple moving average of $11.97. The firm has a market cap of $149.20 million, a PE ratio of 6.33 and a beta of 0.76.

Institutional Trading of First Trust Stoxx European Select Dividend Index Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new position in First Trust Stoxx European Select Dividend Index Fund during the third quarter valued at $28,000. Intellectus Partners LLC boosted its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 4.9% in the third quarter. Intellectus Partners LLC now owns 533,283 shares of the company’s stock worth $6,645,000 after buying an additional 24,872 shares during the last quarter. Harbour Investments Inc. grew its holdings in First Trust Stoxx European Select Dividend Index Fund by 1.3% during the third quarter. Harbour Investments Inc. now owns 158,443 shares of the company’s stock worth $1,974,000 after acquiring an additional 2,081 shares during the period. Janney Montgomery Scott LLC raised its position in First Trust Stoxx European Select Dividend Index Fund by 9.4% during the third quarter. Janney Montgomery Scott LLC now owns 218,318 shares of the company’s stock valued at $2,720,000 after acquiring an additional 18,813 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in First Trust Stoxx European Select Dividend Index Fund by 1,146.0% in the third quarter. International Assets Investment Management LLC now owns 27,624 shares of the company’s stock valued at $344,000 after acquiring an additional 25,407 shares during the period.

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.