First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Stock Price Up 0.3% – Still a Buy?

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) was up 0.3% on Thursday . The stock traded as high as $49.46 and last traded at $49.52. 3,354 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 21,673 shares. The stock had previously closed at $49.38.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Up 0.9%

The firm has a market cap of $112.04 million, a price-to-earnings ratio of 10.39 and a beta of 1.08. The company’s 50-day moving average price is $50.11 and its 200-day moving average price is $48.81.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1513 dividend. This represents a $0.61 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of First Trust Asia Pacific ex-Japan AlphaDEX Fund

Large investors have recently modified their holdings of the stock. Osaic Holdings Inc. purchased a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the second quarter valued at $130,000. Compass Financial Management LLC acquired a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter valued at about $319,000. Jane Street Group LLC acquired a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter valued at about $850,000. Rathbones Group PLC grew its position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.7% during the fourth quarter. Rathbones Group PLC now owns 36,869 shares of the company’s stock worth $1,378,000 after buying an additional 3,872 shares in the last quarter. Finally, Susquehanna International Group LLP grew its position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% during the third quarter. Susquehanna International Group LLP now owns 46,170 shares of the company’s stock worth $1,725,000 after buying an additional 4,915 shares in the last quarter.

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.