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

Shares of First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDDGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $19.62 and last traded at $19.51, with a volume of 155110 shares traded. The stock had previously closed at $19.45.

First Trust STOXX European Select Dividend Index Fund Stock Performance

The firm has a market capitalization of $875.77 million, a price-to-earnings ratio of 9.67 and a beta of 0.68. The company has a 50 day moving average price of $18.35 and a two-hundred day moving average price of $17.74.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund during the 2nd quarter worth approximately $28,000. Triumph Capital Management raised its stake in shares of First Trust STOXX European Select Dividend Index Fund by 280.0% during the 4th quarter. Triumph Capital Management now owns 1,900 shares of the company’s stock worth $33,000 after buying an additional 1,400 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund during the 2nd quarter worth approximately $34,000. N.E.W. Advisory Services LLC acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund during the 4th quarter worth approximately $84,000. Finally, Ameritas Advisory Services LLC raised its stake in shares of First Trust STOXX European Select Dividend Index Fund by 2,783.3% during the 3rd 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 during the period.

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. 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.

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