First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Crosses Above 50-Day Moving Average - Here's What Happened

Key Points

• Shares of the First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) have recently crossed above their 50-day moving average of $41.53, trading at $43.81 during the latest session.
• The fund announced a quarterly dividend of $0.5218 per share, reflecting a substantial increase from its previous dividend and yielding approximately 4.8%.
• Recent institutional activity shows significant interest in the fund, with several large investors increasing their positions, including a 191.1% increase by Jane Street Group LLC in the last quarter.

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - ) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $41.53 and traded as high as $44.07. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $43.81, with a volume of 17,689 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The stock's fifty day moving average price is $41.53 and its 200-day moving average price is $39.08. The company has a market capitalization of $280.38 million, a P/E ratio of 8.10 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were issued a $0.5218 dividend. This represents a $2.09 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Thursday, June 26th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund's previous quarterly dividend of $0.09.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FEMS. Beta Wealth Group Inc. bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 1st quarter valued at about $8,754,000. Jane Street Group LLC boosted its position in shares of 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 acquiring an additional 55,816 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the first quarter valued at approximately $1,171,000. Citadel Advisors LLC acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at approximately $1,082,000. Finally, Cornerstone Planning Group LLC boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 8.7% in the first quarter. Cornerstone Planning Group LLC now owns 310,707 shares of the exchange traded fund's stock valued at $11,336,000 after buying an additional 24,978 shares in the last quarter.

About First Trust Emerging Markets Small Cap AlphaDEX Fund

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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