First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Share Price Breaks Above 50 Day Moving Average – Time to Sell?

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $45.59 and traded as high as $45.67. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $45.64, with a volume of 11,064 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The firm has a 50-day moving average of $45.55 and a 200-day moving average of $46.07. The firm has a market capitalization of $218.73 million, a P/E ratio of 8.10 and a beta of 0.51.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th will be paid a dividend of $0.3986 per share. This represents a $1.59 dividend on an annualized basis 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 is Thursday, September 24th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FEMS. Arax Advisory Partners raised its holdings in 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 during the last quarter. NewEdge Advisors LLC grew its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.9% in the 1st quarter. NewEdge Advisors LLC now owns 81,963 shares of the exchange traded fund’s stock worth $3,734,000 after acquiring an additional 3,817 shares during the last quarter. Cetera Investment Advisers grew its holdings in 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 acquiring an additional 4,180 shares during the last quarter. Archer Investment Corp increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.1% in the first quarter. Archer Investment Corp now owns 69,100 shares of the exchange traded fund’s stock valued at $3,148,000 after acquiring 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% in the second 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 during the period.

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.