First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Declares Quarterly Dividend of $0.45

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) declared a quarterly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be given a dividend of 0.445 per share by the exchange traded fund on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Thursday, June 25th. This is a 46.7% increase from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 0.4%

Shares of FEMS stock opened at $45.76 on Thursday. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52-week low of $39.07 and a 52-week high of $49.49. The stock has a market cap of $253.97 million, a PE ratio of 8.10 and a beta of 0.49. The business has a 50-day simple moving average of $47.13 and a 200-day simple moving average of $45.63.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FEMS. NewEdge Advisors LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.9% in the first quarter. NewEdge Advisors LLC now owns 81,963 shares of the exchange traded fund’s stock valued at $3,734,000 after acquiring an additional 3,817 shares during the period. Royal Bank of Canada increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.4% during the 1st quarter. Royal Bank of Canada now owns 52,484 shares of the exchange traded fund’s stock valued at $2,391,000 after purchasing an additional 3,598 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.0% during the 1st quarter. Cetera Investment Advisers now owns 74,175 shares of the exchange traded fund’s stock valued at $3,379,000 after purchasing an additional 4,180 shares in the last quarter. Archer Investment Corp increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.1% during the 1st quarter. Archer Investment Corp now owns 69,100 shares of the exchange traded fund’s stock valued at $3,148,000 after purchasing an additional 763 shares in the last quarter. Finally, HBW Advisory Services LLC lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 22.5% in the 1st quarter. HBW Advisory Services LLC now owns 51,240 shares of the exchange traded fund’s stock valued at $2,334,000 after purchasing an additional 9,402 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.