First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Shares Pass Above 50-Day Moving Average - Here's Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 Stock Performance

The business's 50 day moving average price is $36.94 and its 200-day moving average price is $37.72. The firm has a market capitalization of $247.88 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. Shareholders of record on Thursday, March 27th were paid a dividend of $0.0936 per share. This represents a $0.37 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend was Thursday, March 27th.

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

A number of institutional investors have recently modified their holdings of FEMS. LPL Financial LLC increased its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.0% during the fourth quarter. LPL Financial LLC now owns 424,504 shares of the exchange traded fund's stock worth $16,015,000 after purchasing an additional 4,249 shares during the period. OLD Mission Capital LLC grew its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 348.1% in the fourth quarter. OLD Mission Capital LLC now owns 138,717 shares of the exchange traded fund's stock worth $5,233,000 after acquiring an additional 107,760 shares in the last quarter. Avantax Advisory Services Inc. increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 38.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 14,012 shares of the exchange traded fund's stock worth $529,000 after acquiring an additional 3,890 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at $21,068,000. Finally, Independent Advisor Alliance acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at $2,802,000.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

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.