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

Key Points

• The stock price of the First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) has crossed above its 50-day moving average of $41.15, reaching a high of $43.03 and last trading at $42.83.
• FEMS declared a quarterly dividend of $0.5218 per share, significantly increasing from the previous dividend of $0.09, resulting in an annualized yield of 4.9%.
• Several institutional investors have increased their positions in FEMS, with Private Trust Co. NA raising its stake by 9.4% in the second quarter.

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $41.15 and traded as high as $43.03. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $42.83, with a volume of 11,061 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 1.4%

The firm's fifty day moving average price is $41.29 and its 200 day moving average price is $38.90. The stock has a market cap of $270.85 million, a PE ratio of 8.10 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a dividend of $0.5218 per share. This represents a $2.09 dividend on an annualized basis and a yield of 4.9%. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund's previous quarterly dividend of $0.09. The ex-dividend date was Thursday, June 26th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FEMS. CWM LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% during the second quarter. CWM LLC now owns 19,529 shares of the exchange traded fund's stock valued at $793,000 after acquiring an additional 247 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.8% during the first quarter. Janney Montgomery Scott LLC now owns 11,701 shares of the exchange traded fund's stock valued at $435,000 after acquiring an additional 324 shares in the last quarter. Quad Cities Investment Group LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% during the second quarter. Quad Cities Investment Group LLC now owns 45,376 shares of the exchange traded fund's stock valued at $1,843,000 after acquiring an additional 382 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.4% during the first quarter. Private Advisor Group LLC now owns 109,339 shares of the exchange traded fund's stock valued at $4,064,000 after acquiring an additional 396 shares in the last quarter. Finally, Private Trust Co. NA grew its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.4% during the 2nd quarter. Private Trust Co. NA now owns 5,935 shares of the exchange traded fund's stock worth $241,000 after acquiring an additional 508 shares in the last quarter.

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.