First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Passes Below 50 Day Moving Average of $40.30

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $40.30 and traded as low as $39.10. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $39.29, with a volume of 16,129 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The business has a 50-day simple moving average of $40.30 and a two-hundred day simple moving average of $39.98. The stock has a market cap of $320.21 million, a price-to-earnings ratio of 5.02 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a dividend of $0.5415 per share. This represents a $2.17 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date was Thursday, June 27th.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Hedge funds have recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.6% in the first quarter. Oppenheimer & Co. Inc. now owns 18,307 shares of the exchange traded fund’s stock valued at $709,000 after purchasing an additional 281 shares during the period. Quad Cities Investment Group LLC raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% in the 2nd quarter. Quad Cities Investment Group LLC now owns 41,898 shares of the exchange traded fund’s stock valued at $1,701,000 after acquiring an additional 330 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 67,245 shares of the exchange traded fund’s stock worth $2,729,000 after acquiring an additional 523 shares during the last quarter. Archer Investment Corp boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% during the second quarter. Archer Investment Corp now owns 65,914 shares of the exchange traded fund’s stock worth $2,675,000 after acquiring an additional 544 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the second quarter worth approximately $45,000.

About First Trust Emerging Markets Small Cap AlphaDEX Fund

The First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM Small Cap index. The fund aims to outperform other index funds by selecting small-cap emerging markets securities using quantitative metrics. FEMS was launched on Feb 15, 2012 and is managed by First Trust.