First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Shares Pass Above 50 Day Moving Average of $39.78

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $39.78 and traded as high as $40.00. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $39.80, with a volume of 11,470 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.1 %

The stock’s 50 day moving average price is $39.78 and its 200 day moving average price is $39.95. The firm has a market cap of $324.37 million, a PE ratio of 5.02 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a dividend of $0.5415 per share. This represents a $2.17 annualized dividend and a yield of 5.44%. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 2nd quarter valued at about $45,000. Destiny Wealth Partners LLC bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 1st quarter valued at about $204,000. Nations Financial Group Inc. IA ADV raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 10.8% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 11,492 shares of the exchange traded fund’s stock worth $442,000 after buying an additional 1,122 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 18,307 shares of the exchange traded fund’s stock worth $709,000 after buying an additional 281 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund’s stock worth $1,098,000 after buying an additional 7,256 shares in the last quarter.

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.