First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Stock Price Down 0%

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Get Free Report)'s share price was down 0% during mid-day trading on Monday . The stock traded as low as $22.84 and last traded at $23.07. Approximately 49,088 shares changed hands during trading, a decline of 31% from the average daily volume of 70,717 shares. The stock had previously closed at $23.08.

First Trust Emerging Markets AlphaDEX Fund Stock Down 0.0 %

The stock has a market capitalization of $425.64 million, a price-to-earnings ratio of 4.81 and a beta of 0.79. The company's 50-day moving average is $23.12 and its 200-day moving average is $21.97.

First Trust Emerging Markets AlphaDEX Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.0949 per share. This represents a $0.38 annualized dividend and a yield of 1.65%. The ex-dividend date was Thursday, March 21st.

Institutional Investors Weigh In On First Trust Emerging Markets AlphaDEX Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. increased its position in shares of First Trust Emerging Markets AlphaDEX Fund by 5.4% during the third quarter. Oppenheimer & Co. Inc. now owns 30,405 shares of the company's stock valued at $635,000 after acquiring an additional 1,551 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of First Trust Emerging Markets AlphaDEX Fund during the third quarter valued at about $162,000. Kingsview Wealth Management LLC increased its position in shares of First Trust Emerging Markets AlphaDEX Fund by 90.7% during the third quarter. Kingsview Wealth Management LLC now owns 229,470 shares of the company's stock valued at $4,789,000 after acquiring an additional 109,159 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of First Trust Emerging Markets AlphaDEX Fund by 4.4% during the third quarter. Bank of New York Mellon Corp now owns 280,163 shares of the company's stock valued at $5,847,000 after acquiring an additional 11,934 shares during the last quarter. Finally, Raymond James & Associates increased its position in shares of First Trust Emerging Markets AlphaDEX Fund by 26.8% during the third quarter. Raymond James & Associates now owns 75,995 shares of the company's stock valued at $1,586,000 after acquiring an additional 16,050 shares during the last quarter.

About First Trust Emerging Markets AlphaDEX Fund

The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.

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