First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Crosses Above Fifty Day Moving Average - Should You Sell?

Key Points

• FEMS shares rose 1.6% and crossed above their 50-day moving average of $45.37, reaching $46.70 before closing at $46.61.
• The ETF increased its quarterly dividend to $0.445 per share, or $1.78 annualized, implying a 3.8% yield—up from the previous $0.30 quarterly payout.
• Several institutional investors raised their holdings during the first quarter, while FEMS maintains a market capitalization of about $258.7 million, a P/E ratio of 8.10, and a beta of 0.50.

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - ) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $45.37 and traded as high as $46.70. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $46.61, with a volume of 64,290 shares.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Up 1.6%

The stock has a market cap of $258.69 million, a PE ratio of 8.10 and a beta of 0.50. The stock's fifty day moving average price is $45.37 and its 200 day moving average price is $46.09.

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. Investors of record on Thursday, June 25th were given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 3.8%. This is a boost from First Trust Emerging Markets Small Cap AlphaDEX Fund's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Thursday, June 25th.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC lifted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.9% during the 1st quarter. NewEdge Advisors LLC now owns 81,963 shares of the exchange traded fund's stock valued at $3,734,000 after buying an additional 3,817 shares during the period. Royal Bank of Canada grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.4% in the first quarter. Royal Bank of Canada now owns 52,484 shares of the exchange traded fund's stock worth $2,391,000 after acquiring an additional 3,598 shares during the period. Cetera Investment Advisers increased its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.0% during the first quarter. Cetera Investment Advisers now owns 74,175 shares of the exchange traded fund's stock valued at $3,379,000 after acquiring an additional 4,180 shares during the last quarter. Archer Investment Corp increased its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.1% during the first quarter. Archer Investment Corp now owns 69,100 shares of the exchange traded fund's stock valued at $3,148,000 after acquiring an additional 763 shares during the last quarter. Finally, HBW Advisory Services LLC increased its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 22.5% during the first quarter. HBW Advisory Services LLC now owns 51,240 shares of the exchange traded fund's stock valued at $2,334,000 after acquiring an additional 9,402 shares during 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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