Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $36.89 and traded as high as $39.50. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $39.24, with a volume of 30,994 shares trading hands.
First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance
The firm's 50 day moving average is $36.90 and its 200 day moving average is $37.71. The company has a market cap of $249.46 million, a PE ratio of 7.64 and a beta of 0.92.
First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.0936 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.95%.
Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund
A number of institutional investors and hedge funds have recently made changes to their positions in FEMS. Blue Trust Inc. grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,237.6% during the fourth quarter. Blue Trust Inc. now owns 1,137 shares of the exchange traded fund's stock worth $43,000 after buying an additional 1,052 shares in the last quarter. Two Sigma Securities LLC bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $215,000. Richmond Investment Services LLC purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth about $225,000. Stonehaven Wealth & Tax Solutions LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth approximately $388,000. Finally, Nations Financial Group Inc. IA ADV increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund's stock worth $389,000 after purchasing an additional 405 shares during the last quarter.
About First Trust Emerging Markets Small Cap AlphaDEX Fund
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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.
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