First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Passes Above 50 Day Moving Average - What's Next?

Key Points

• FEMS shares moved above their 50-day moving average, reaching $45.80 before last trading at $45.43. The ETF’s 50-day average is $45.35, compared with a 200-day average of $46.09.
• The fund increased its quarterly dividend to $0.445 per share from $0.30, representing an annualized payout of $1.78 and a 3.9% yield.
• Several institutional investors expanded their FEMS positions, including Private Advisor Group, which increased its holdings by 9.4%, and Royal Bank of Canada, which raised its stake by 4.6%.

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - )'s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $45.35 and traded as high as $45.80. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $45.43, with a volume of 43,923 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The stock has a fifty day moving average price of $45.35 and a 200-day moving average price of $46.09. The firm has a market cap of $252.14 million, a PE ratio of 8.10 and a beta of 0.50.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.445 per share. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund's previous quarterly dividend of $0.30. This represents a $1.78 annualized dividend and a yield of 3.9%. The ex-dividend date was Thursday, June 25th.

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

Several large investors have recently made changes to their positions in FEMS. 626 Financial LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.8% in the 4th quarter. 626 Financial LLC now owns 164,705 shares of the exchange traded fund's stock valued at $6,933,000 after purchasing an additional 4,549 shares in the last quarter. Arax Advisory Partners raised its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% during the 4th quarter. Arax Advisory Partners now owns 130,988 shares of the exchange traded fund's stock valued at $5,514,000 after buying an additional 1,724 shares during the period. Private Advisor Group LLC lifted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.4% during the 4th quarter. Private Advisor Group LLC now owns 121,988 shares of the exchange traded fund's stock worth $5,135,000 after acquiring an additional 10,472 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 119,447 shares of the exchange traded fund's stock worth $5,277,000 after acquiring an additional 492 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.6% in the 1st quarter. Royal Bank of Canada now owns 96,673 shares of the exchange traded fund's stock worth $3,593,000 after acquiring an additional 4,279 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.

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