First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Stock Price Up 0.3% - What's Next?

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report)'s stock price shot up 0.3% during mid-day trading on Wednesday . The stock traded as high as $68.10 and last traded at $67.73. 40,378 shares were traded during mid-day trading, an increase of 8% from the average session volume of 37,293 shares. The stock had previously closed at $67.54.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 0.8%

The company has a market cap of $486.24 million, a P/E ratio of 9.49 and a beta of 0.96. The firm has a 50 day moving average of $63.59 and a 200-day moving average of $58.90.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.1074 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.43 annualized dividend and a yield of 0.64%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the fourth quarter worth $12,589,000. GAMMA Investing LLC lifted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 4,670.8% during the first quarter. GAMMA Investing LLC now owns 103,860 shares of the company's stock worth $6,050,000 after buying an additional 101,683 shares during the period. Jones Financial Companies Lllp lifted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 24,464.6% during the first quarter. Jones Financial Companies Lllp now owns 91,626 shares of the company's stock worth $5,337,000 after buying an additional 91,253 shares during the period. Bank of America Corp DE purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the fourth quarter worth $3,058,000. Finally, LPL Financial LLC lifted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 11.2% during the first quarter. LPL Financial LLC now owns 529,294 shares of the company's stock worth $30,831,000 after buying an additional 53,268 shares during the period.

About First Trust Developed Markets ex-US AlphaDEX Fund

The First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US index. The fund tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers. FDT was launched on Apr 18, 2011 and is managed by First Trust.