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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $36.81 and traded as high as $36.99. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $36.69, with a volume of 26,481 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.9 %

The company's 50-day simple moving average is $36.75 and its 200-day simple moving average is $37.82. The stock has a market capitalization of $234.00 million, a price-to-earnings ratio of 8.15 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.0936 dividend. This represents a $0.37 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Thursday, March 27th.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at approximately $21,068,000. LPL Financial LLC increased its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.0% in the 4th quarter. LPL Financial LLC now owns 424,504 shares of the exchange traded fund's stock valued at $16,015,000 after acquiring an additional 4,249 shares during the period. Cornerstone Planning Group LLC increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 8.7% during the first quarter. Cornerstone Planning Group LLC now owns 310,707 shares of the exchange traded fund's stock worth $11,336,000 after buying an additional 24,978 shares during the period. 626 Financial LLC increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 10.4% during the first quarter. 626 Financial LLC now owns 159,873 shares of the exchange traded fund's stock worth $5,942,000 after buying an additional 15,028 shares during the period. Finally, OLD Mission Capital LLC increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 348.1% during the fourth quarter. OLD Mission Capital LLC now owns 138,717 shares of the exchange traded fund's stock worth $5,233,000 after buying an additional 107,760 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.