First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Shares Down 0.6% – Time to Sell?

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS)’s share price dropped 0.6% during trading on Monday . The stock traded as low as $56.06 and last traded at $56.09. Approximately 525 shares traded hands during trading, a decline of 13% from the average daily volume of 606 shares. The stock had previously closed at $56.45.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Stock Down 0.6%

The stock’s 50 day moving average price is $55.95 and its two-hundred day moving average price is $52.26. The firm has a market capitalization of $8.41 million, a price-to-earnings ratio of 8.58 and a beta of 0.86.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.3414 dividend. This represents a $1.37 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, September 25th.

Institutional Investors Weigh In On First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

A hedge fund recently raised its stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund stock. Citadel Advisors LLC lifted its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) by 32.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,298 shares of the company’s stock after buying an additional 4,238 shares during the quarter. Citadel Advisors LLC owned about 11.53% of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund worth $969,000 as of its most recent filing with the SEC.

About First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology.