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

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $46.17 and traded as low as $44.47. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $44.70, with a volume of 8,792 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 1.0%

The company has a market capitalization of $251.86 million, a P/E ratio of 8.10 and a beta of 0.49. The company’s fifty day moving average is $46.11 and its 200 day moving average is $46.05.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.445 dividend. This represents a $1.78 annualized dividend and a dividend yield of 3.9%. This is a boost from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, June 25th.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. CWM LLC grew its position 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 valued at $845,000 after purchasing an additional 304 shares in the last quarter. Merit Financial Group LLC increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% in the fourth quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock worth $221,000 after purchasing an additional 330 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.4% in the third quarter. Integrated Wealth Concepts LLC now owns 119,447 shares of the exchange traded fund’s stock worth $5,277,000 after buying an additional 492 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 533 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.5% during the first quarter. Nations Financial Group Inc. IA ADV now owns 8,778 shares of the exchange traded fund’s stock valued at $400,000 after buying an additional 535 shares during the period.

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.