First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $39.21 and traded as high as $41.46. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $41.26, with a volume of 1,979 shares trading hands.
First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.9%
The firm has a market capitalization of $249.43 million, a price-to-earnings ratio of 8.10 and a beta of 0.92. The firm has a 50 day moving average price of $39.30 and a two-hundred day moving average price of $37.92.
First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were issued a dividend of $0.5218 per share. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund's previous quarterly dividend of $0.09. This represents a $2.09 annualized dividend and a dividend yield of 5.10%. The ex-dividend date was Thursday, June 26th.
Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund
Hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $1,082,000. Richmond Investment Services LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $225,000. Jane Street Group LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 191.1% during the 4th quarter. Jane Street Group LLC now owns 85,030 shares of the exchange traded fund's stock worth $3,208,000 after purchasing an additional 55,816 shares during the last quarter. Stifel Financial Corp increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 3.5% during the 4th quarter. Stifel Financial Corp now owns 42,586 shares of the exchange traded fund's stock worth $1,607,000 after purchasing an additional 1,433 shares during the last quarter. Finally, Two Sigma Securities LLC purchased a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter worth approximately $215,000.
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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