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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $36.71 and traded as high as $38.06. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $37.72, with a volume of 17,825 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 0.1 %

The firm has a market cap of $239.52 million, a PE ratio of 8.15 and a beta of 0.92. The company has a 50-day simple moving average of $36.71 and a two-hundred day simple moving average of $37.76.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.0936 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date was Thursday, March 27th.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of large investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,237.6% in the fourth quarter. Blue Trust Inc. now owns 1,137 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 1,052 shares during the last quarter. Two Sigma Securities LLC purchased a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at approximately $215,000. Richmond Investment Services LLC bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at $225,000. Stonehaven Wealth & Tax Solutions LLC bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at $388,000. Finally, Nations Financial Group Inc. IA ADV increased its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund’s stock worth $389,000 after buying an additional 405 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.