First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Shares Pass Above 50-Day Moving Average – What’s Next?

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $46.58 and traded as high as $46.71. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $46.51, with a volume of 46,057 shares.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Up 1.9%

The stock has a fifty day moving average of $46.61 and a 200-day moving average of $44.94. The stock has a market cap of $259.63 million, a PE ratio of 8.10 and a beta of 0.51.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.3033 per share. The ex-dividend date was Thursday, March 26th. This represents a $1.21 annualized dividend and a yield of 2.6%.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Large investors have recently modified their holdings of the business. 626 Financial LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.8% during the 4th quarter. 626 Financial LLC now owns 164,705 shares of the exchange traded fund’s stock worth $6,933,000 after buying an additional 4,549 shares in the last quarter. Indivisible Partners purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter worth approximately $220,000. Oppenheimer & Co. Inc. raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.6% during the 4th quarter. Oppenheimer & Co. Inc. now owns 22,032 shares of the exchange traded fund’s stock worth $927,000 after buying an additional 1,364 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,714.3% during the 4th quarter. Farther Finance Advisors LLC now owns 5,334 shares of the exchange traded fund’s stock worth $225,000 after buying an additional 5,040 shares in the last quarter. Finally, CWM LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the 4th quarter. CWM LLC now owns 20,068 shares of the exchange traded fund’s stock worth $845,000 after buying an additional 304 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.