First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $12.11 and traded as low as $11.85. First Trust Stoxx European Select Dividend Index Fund shares last traded at $11.94, with a volume of 47,646 shares.

First Trust Stoxx European Select Dividend Index Fund Stock Down 0.4 %

The company has a market capitalization of $157.53 million, a P/E ratio of 6.33 and a beta of 0.76. The company’s 50-day simple moving average is $11.87 and its 200 day simple moving average is $12.10.

Institutional Trading of First Trust Stoxx European Select Dividend Index Fund

Large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in shares of First Trust Stoxx European Select Dividend Index Fund by 9.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 218,318 shares of the company’s stock worth $2,720,000 after buying an additional 18,813 shares during the period. International Assets Investment Management LLC raised its stake in First Trust Stoxx European Select Dividend Index Fund by 1,146.0% during the 3rd quarter. International Assets Investment Management LLC now owns 27,624 shares of the company’s stock valued at $344,000 after purchasing an additional 25,407 shares during the last quarter. Gateway Wealth Partners LLC raised its stake in First Trust Stoxx European Select Dividend Index Fund by 24.4% during the 3rd quarter. Gateway Wealth Partners LLC now owns 12,905 shares of the company’s stock valued at $161,000 after purchasing an additional 2,534 shares during the last quarter. Next Level Private LLC raised its stake in First Trust Stoxx European Select Dividend Index Fund by 8.0% during the 3rd quarter. Next Level Private LLC now owns 127,138 shares of the company’s stock valued at $1,584,000 after purchasing an additional 9,434 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in First Trust Stoxx European Select Dividend Index Fund by 2.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 60,638 shares of the company’s stock valued at $710,000 after purchasing an additional 1,673 shares during the last quarter.

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.