First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Hits New 52-Week High – Still a Buy?

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDDGet Free Report) hit a new 52-week high on Thursday . The company traded as high as $17.23 and last traded at $17.1350, with a volume of 37015 shares traded. The stock had previously closed at $17.11.

First Trust STOXX European Select Dividend Index Fund Price Performance

The business has a 50-day simple moving average of $16.36 and a two-hundred day simple moving average of $16.02. The stock has a market cap of $664.45 million, a price-to-earnings ratio of 9.67 and a beta of 0.84.

Institutional Investors Weigh In On First Trust STOXX European Select Dividend Index Fund

A number of large investors have recently added to or reduced their stakes in FDD. JPMorgan Chase & Co. acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund in the second quarter valued at about $28,000. Darwin Wealth Management LLC bought a new stake in First Trust STOXX European Select Dividend Index Fund in the 2nd quarter valued at about $34,000. Blair William & Co. IL acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund during the 2nd quarter worth approximately $47,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of First Trust STOXX European Select Dividend Index Fund during the second quarter worth approximately $68,000. Finally, Ameritas Advisory Services LLC raised its position in shares of 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 valued at $97,000 after buying an additional 5,817 shares in the last quarter.

About First Trust STOXX European Select Dividend Index Fund

(Get Free Report)

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.

Further Reading

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