First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Trading Down 0.7% – Should You Sell?

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN)’s stock price traded down 0.7% during trading on Thursday . The stock traded as low as $25.84 and last traded at $25.90. 32,251 shares changed hands during trading, an increase of 26% from the average session volume of 25,669 shares. The stock had previously closed at $26.09.

First Trust Latin America AlphaDEX Fund Stock Down 0.7%

The firm has a market cap of $36.26 million, a price-to-earnings ratio of 9.93 and a beta of 0.79. The business has a 50 day moving average price of $26.22 and a 200-day moving average price of $24.86.

First Trust Latin America AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.2349 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Trading of First Trust Latin America AlphaDEX Fund

Hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of First Trust Latin America AlphaDEX Fund during the second quarter worth approximately $35,000. Balboa Wealth Partners acquired a new stake in shares of First Trust Latin America AlphaDEX Fund during the first quarter worth approximately $204,000. Triad Wealth Partners LLC acquired a new stake in shares of First Trust Latin America AlphaDEX Fund during the fourth quarter worth approximately $238,000. Cetera Investment Advisers acquired a new stake in shares of First Trust Latin America AlphaDEX Fund during the second quarter worth approximately $523,000. Finally, Farther Finance Advisors LLC grew its position in shares of First Trust Latin America AlphaDEX Fund by 6.5% during the fourth quarter. Farther Finance Advisors LLC now owns 31,891 shares of the company’s stock worth $723,000 after buying an additional 1,942 shares in the last quarter.

First Trust Latin America AlphaDEX Fund Company Profile

The First Trust Latin America AlphaDEX Fund (FLN) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Latin America index. The fund tracks an index of Latin American firms screened based on a proprietary methodology, using various factors and weighted in tiers. FLN was launched on Apr 18, 2011 and is managed by First Trust.