First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Shares Cross Below 200-Day Moving Average – Time to Sell?

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

First Trust Stoxx European Select Dividend Index Fund Price Performance

The stock has a market capitalization of $157.53 million, a PE ratio of 6.33 and a beta of 0.76. The company has a 50-day moving average of $11.87 and a two-hundred day moving average of $12.10.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Benjamin Edwards Inc. lifted its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 707.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 22,103 shares of the company’s stock worth $275,000 after acquiring an additional 19,364 shares during the period. Rockefeller Capital Management L.P. lifted its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 3.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 50,893 shares of the company’s stock worth $634,000 after acquiring an additional 1,773 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of First Trust Stoxx European Select Dividend Index Fund in the 3rd quarter worth approximately $28,000. Intellectus Partners LLC lifted its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 4.9% in the 3rd quarter. Intellectus Partners LLC now owns 533,283 shares of the company’s stock worth $6,645,000 after acquiring an additional 24,872 shares during the period. Finally, Harbour Investments Inc. lifted its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 1.3% in the 3rd 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.

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.