First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $45.35 and traded as high as $45.80. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $45.43, with a volume of 43,923 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The firm has a market capitalization of $253.91 million, a P/E ratio of 8.10 and a beta of 0.50. The firm’s 50 day simple moving average is $45.33 and its two-hundred day simple moving average is $46.09.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.445 dividend. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30. This represents a $1.78 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Thursday, June 25th.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Several institutional investors have recently bought and sold shares of FEMS. HBW Advisory Services LLC increased its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 22.5% in the first quarter. HBW Advisory Services LLC now owns 51,240 shares of the exchange traded fund’s stock worth $2,334,000 after buying an additional 9,402 shares during the period. Janney Montgomery Scott LLC boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,626 shares of the exchange traded fund’s stock valued at $484,000 after buying an additional 710 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.5% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,778 shares of the exchange traded fund’s stock worth $400,000 after acquiring an additional 535 shares during the last quarter. Sankala Group LLC bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter worth $93,000. Finally, Arax Advisory Partners grew its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% in the 4th quarter. Arax Advisory Partners now owns 130,988 shares of the exchange traded fund’s stock worth $5,514,000 after acquiring an additional 1,724 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.