First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Stock Price Down 0.6%

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD)’s stock price fell 0.6% on Tuesday . The stock traded as low as $12.16 and last traded at $12.18. 34,109 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 59,666 shares. The stock had previously closed at $12.25.

First Trust Stoxx European Select Dividend Index Fund Stock Performance

The firm’s 50 day moving average price is $12.28 and its two-hundred day moving average price is $11.87. The company has a market cap of $161.40 million, a P/E ratio of 6.33 and a beta of 0.76.

Institutional Trading of First Trust Stoxx European Select Dividend Index Fund

Hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC bought a new stake in shares of First Trust Stoxx European Select Dividend Index Fund in the 4th quarter valued at $32,000. Tucker Asset Management LLC increased its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 53.6% in the 3rd quarter. Tucker Asset Management LLC now owns 8,177 shares of the company’s stock valued at $89,000 after acquiring an additional 2,852 shares in the last quarter. Private Advisor Group LLC bought a new stake in shares of First Trust Stoxx European Select Dividend Index Fund in the 4th quarter valued at $140,000. B. Riley Wealth Advisors Inc. increased its stake in First Trust Stoxx European Select Dividend Index Fund by 16.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 15,662 shares of the company’s stock valued at $171,000 after purchasing an additional 2,208 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in First Trust Stoxx European Select Dividend Index Fund during the 4th quarter valued at $198,000.

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.