First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Shares Up 2.4% – Should You Buy?

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) shares rose 2.4% during trading on Monday. The stock traded as high as $66.65 and last traded at $66.8350. 343 shares were traded during trading, a decline of 84% from the average daily volume of 2,114 shares. The stock had previously closed at $65.27.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Price Performance

The company has a market capitalization of $13.48 million, a price-to-earnings ratio of 7.24 and a beta of 0.89. The business’s 50-day moving average price is $69.69 and its two-hundred day moving average price is $68.16.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.2838 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $1.14 annualized dividend and a yield of 1.7%. This is a drop from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.7453.

Institutional Trading of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

A number of institutional investors have recently modified their holdings of the stock. City Holding Co. acquired a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the 2nd quarter worth $583,000. Citadel Advisors LLC raised its stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 28.9% in the second quarter. Citadel Advisors LLC now owns 30,215 shares of the company’s stock valued at $1,981,000 after purchasing an additional 6,775 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the second quarter valued at about $131,000.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Company Profile

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology. FDTS was launched on Feb 15, 2012 and is managed by First Trust.