First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Trading Down 2% – Here’s Why

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ)’s stock price traded down 2% during mid-day trading on Friday . The company traded as low as $67.00 and last traded at $67.19. 1,435 shares were traded during mid-day trading, a decline of 93% from the average session volume of 20,456 shares. The stock had previously closed at $68.59.

First Trust Eurozone AlphaDEX ETF Stock Performance

The company has a market capitalization of $141.10 million, a PE ratio of 11.07 and a beta of 0.87. The stock’s fifty day simple moving average is $64.58 and its 200-day simple moving average is $63.03.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.0137 per share. This represents a $0.05 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, March 26th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Dunhill Financial LLC lifted its holdings in shares of First Trust Eurozone AlphaDEX ETF by 22.5% during the 3rd quarter. Dunhill Financial LLC now owns 986 shares of the company’s stock worth $58,000 after acquiring an additional 181 shares during the period. IFP Advisors Inc lifted its holdings in shares of First Trust Eurozone AlphaDEX ETF by 48.0% during the 4th quarter. IFP Advisors Inc now owns 604 shares of the company’s stock worth $37,000 after acquiring an additional 196 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of First Trust Eurozone AlphaDEX ETF by 2.4% during the 4th quarter. Osaic Holdings Inc. now owns 12,209 shares of the company’s stock worth $750,000 after acquiring an additional 283 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of First Trust Eurozone AlphaDEX ETF by 1.4% during the 4th quarter. NewEdge Advisors LLC now owns 36,968 shares of the company’s stock worth $2,270,000 after acquiring an additional 513 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of First Trust Eurozone AlphaDEX ETF by 1.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 39,277 shares of the company’s stock worth $2,412,000 after acquiring an additional 519 shares during the period.

About First Trust Eurozone AlphaDEX ETF

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.