First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Share Price Crosses Below 50 Day Moving Average – Here’s Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $46.78 and traded as low as $46.47. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $47.13, with a volume of 71,573 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The business has a 50-day moving average price of $46.78 and a 200 day moving average price of $45.09. The stock has a market capitalization of $261.57 million, a P/E ratio of 8.10 and a beta of 0.51.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.3033 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.21 annualized dividend and a yield of 2.6%.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Oppenheimer & Co. Inc. raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 22,032 shares of the exchange traded fund’s stock valued at $927,000 after acquiring an additional 1,364 shares during the period. Trivium Point Advisory LLC raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.7% during the fourth quarter. Trivium Point Advisory LLC now owns 63,476 shares of the exchange traded fund’s stock valued at $2,672,000 after acquiring an additional 1,063 shares during the period. Merit Financial Group LLC raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% during the fourth quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock valued at $221,000 after acquiring an additional 330 shares during the period. CWM LLC raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the fourth quarter. CWM LLC now owns 20,068 shares of the exchange traded fund’s stock valued at $845,000 after acquiring an additional 304 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,714.3% during the fourth quarter. Farther Finance Advisors LLC now owns 5,334 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 5,040 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.