First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $45.37 and traded as high as $46.70. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $46.61, with a volume of 64,290 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 1.6%

The stock has a market capitalization of $258.69 million, a PE ratio of 8.10 and a beta of 0.50. The firm has a 50 day moving average price of $45.37 and a 200 day moving average price of $46.09.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30.

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

Hedge funds have recently modified their holdings of the company. Fifth Third Bancorp bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the first quarter valued at about $41,000. Geneos Wealth Management Inc. lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 533 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $68,000. Sankala Group LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $93,000. Finally, Indivisible Partners bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $220,000.

About First Trust Emerging Markets Small Cap AlphaDEX Fund

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.