First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Trading 1.2% Higher – What’s Next?

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS)’s stock price traded up 1.2% on Monday . The stock traded as high as $71.60 and last traded at $71.68. 210 shares were traded during mid-day trading, a decline of 91% from the average session volume of 2,228 shares. The stock had previously closed at $70.86.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Price Performance

The stock has a market capitalization of $10.75 million, a price-to-earnings ratio of 8.58 and a beta of 0.85. The business has a fifty day moving average of $68.58 and a 200 day moving average of $67.92.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.7453 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a boost from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.16. This represents a $2.98 dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Investors Weigh In On First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

A number of hedge funds have recently bought and sold shares of the stock. City Holding Co. purchased a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the 2nd quarter worth $583,000. Citadel Advisors LLC increased its holdings in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 28.9% in the second quarter. Citadel Advisors LLC now owns 30,215 shares of the company’s stock valued at $1,981,000 after buying an additional 6,775 shares during the last quarter. Finally, Noble Wealth Management PBC purchased a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the second quarter valued at $131,000.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Company Profile

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology. FDTS was launched on Feb 15, 2012 and is managed by First Trust.