First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $45.91 and traded as low as $45.26. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $45.51, with a volume of 33,828 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 2.8%

The firm has a market capitalization of $215.26 million, a price-to-earnings ratio of 8.10 and a beta of 0.51. The stock has a fifty day moving average of $45.91 and a 200-day moving average of $46.13.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a $0.3986 dividend. This represents a $1.59 annualized dividend and a dividend yield of 3.6%. This is a drop from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.4450. The ex-dividend date of this dividend was Thursday, September 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.9% during the first quarter. NewEdge Advisors LLC now owns 81,963 shares of the exchange traded fund’s stock valued at $3,734,000 after buying an additional 3,817 shares during the period. Cetera Investment Advisers boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.0% during the 1st quarter. Cetera Investment Advisers now owns 74,175 shares of the exchange traded fund’s stock worth $3,379,000 after acquiring an additional 4,180 shares during the period. Archer Investment Corp boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.1% during the 1st quarter. Archer Investment Corp now owns 69,100 shares of the exchange traded fund’s stock worth $3,148,000 after acquiring an additional 763 shares during the period. Baird Financial Group Inc. grew its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 68.4% during the 2nd quarter. Baird Financial Group Inc. now owns 68,862 shares of the exchange traded fund’s stock valued at $3,144,000 after acquiring an additional 27,974 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.4% during the 1st quarter. Royal Bank of Canada now owns 52,484 shares of the exchange traded fund’s stock valued at $2,391,000 after acquiring an additional 3,598 shares in the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

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.