First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Stock Price Down 0.5% – Here’s What Happened

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) traded down 0.5% during mid-day trading on Thursday . The stock traded as low as $29.95 and last traded at $29.95. 949 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 994 shares. The stock had previously closed at $30.11.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Trading Down 0.5 %

The company’s 50-day simple moving average is $29.49 and its 200-day simple moving average is $28.30. The stock has a market capitalization of $14.98 million, a price-to-earnings ratio of 8.69 and a beta of 1.00.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.2028 dividend. This represents a $0.81 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Investors Weigh In On First Trust Asia Pacific ex-Japan AlphaDEX Fund

A hedge fund recently bought a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund stock. RPg Family Wealth Advisory LLC acquired a new position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,483 shares of the company’s stock, valued at approximately $686,000. RPg Family Wealth Advisory LLC owned 4.90% of First Trust Asia Pacific ex-Japan AlphaDEX Fund as of its most recent SEC filing.

About First Trust Asia Pacific ex-Japan AlphaDEX Fund

The First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA) is an exchange-traded fund that mostly invests in total market equity. The fund selects and weights 100 stocks from the S&P Asia Pacific Ex-Japan BMI Index based on their growth and value factors. FPA was launched on Apr 18, 2011 and is managed by First Trust.