First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) to Issue $0.40 Quarterly Dividend

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.3986 per share by the exchange traded fund on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Thursday, September 24th.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 2.0%

Shares of NASDAQ:FEMS traded down $0.91 during mid-day trading on Thursday, reaching $44.73. The stock had a trading volume of 887 shares, compared to its average volume of 36,363. The business’s 50 day moving average price is $45.57 and its 200 day moving average price is $46.07. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $40.94 and a 1 year high of $49.49. The company has a market cap of $219.18 million, a P/E ratio of 8.10 and a beta of 0.51.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of large investors have recently made changes to their positions in FEMS. Arax Advisory Partners raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% during the 4th quarter. Arax Advisory Partners now owns 130,988 shares of the exchange traded fund’s stock valued at $5,514,000 after buying an additional 1,724 shares in the last quarter. 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 purchasing an additional 3,817 shares during the period. Cetera Investment Advisers boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.0% in the 1st quarter. Cetera Investment Advisers now owns 74,175 shares of the exchange traded fund’s stock worth $3,379,000 after purchasing an additional 4,180 shares during the period. Archer Investment Corp boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.1% in the 1st quarter. Archer Investment Corp now owns 69,100 shares of the exchange traded fund’s stock worth $3,148,000 after purchasing an additional 763 shares during the period. Finally, Baird Financial Group Inc. increased its position in shares of 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 purchasing an additional 27,974 shares during 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.