First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Share Price Crosses Below 50 Day Moving Average – Here’s Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $46.78 and traded as low as $46.47. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $47.13, with a volume of 71,573 shares.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The company has a 50-day moving average of $46.78 and a 200 day moving average of $45.09. The company has a market cap of $261.57 million, a PE ratio of 8.10 and a beta of 0.51.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.3033 per share. This represents a $1.21 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, March 26th.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Crusonia Wealth Advisors LLC acquired a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at $2,481,000. Flow Traders U.S. LLC acquired a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 3rd quarter worth approximately $2,427,000. VestGen Advisors LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 64.6% in the 4th quarter. VestGen Advisors LLC now owns 71,601 shares of the exchange traded fund’s stock worth $3,014,000 after buying an additional 28,091 shares during the period. Citadel Advisors LLC acquired a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 3rd quarter worth approximately $562,000. Finally, Private Advisor Group LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.4% in the 4th quarter. Private Advisor Group LLC now owns 121,988 shares of the exchange traded fund’s stock worth $5,135,000 after buying an additional 10,472 shares during the period.

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.