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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $36.71 and traded as high as $38.06. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $37.72, with a volume of 17,825 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The stock has a market cap of $240.41 million, a PE ratio of 8.15 and a beta of 0.92. The firm's 50-day moving average is $36.75 and its 200 day moving average is $37.74.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.0936 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.99%.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in FEMS. Blue Trust Inc. raised its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,237.6% during the 4th quarter. Blue Trust Inc. now owns 1,137 shares of the exchange traded fund's stock valued at $43,000 after acquiring an additional 1,052 shares during the last quarter. Two Sigma Securities LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth approximately $215,000. Richmond Investment Services LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth $225,000. Stonehaven Wealth & Tax Solutions LLC purchased a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at $388,000. Finally, Nations Financial Group Inc. IA ADV increased its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund's stock valued at $389,000 after buying an additional 405 shares during the period.

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.