First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Shares Pass Above 50 Day Moving Average of $39.78

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $39.78 and traded as high as $40.00. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $39.80, with a volume of 11,470 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.1 %

The firm’s fifty day moving average price is $39.74 and its 200-day moving average price is $39.97. The company has a market cap of $324.37 million, a P/E ratio of 5.02 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a $0.5415 dividend. The ex-dividend date was Thursday, June 27th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 5.44%.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of institutional investors have recently bought and sold shares of FEMS. International Assets Investment Management LLC bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the second quarter worth about $45,000. Destiny Wealth Partners LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 1st quarter worth approximately $204,000. Nations Financial Group Inc. IA ADV boosted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 10.8% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 11,492 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 1,122 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.6% in the first quarter. Oppenheimer & Co. Inc. now owns 18,307 shares of the exchange traded fund’s stock valued at $709,000 after acquiring an additional 281 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund’s stock valued at $1,098,000 after acquiring an additional 7,256 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.