First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Passes Above 50 Day Moving Average – What’s Next?

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $46.34 and traded as high as $47.90. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $47.3850, with a volume of 35,445 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The stock has a market capitalization of $262.99 million, a PE ratio of 8.10 and a beta of 0.51. The business has a 50 day moving average of $46.34 and a two-hundred day moving average of $44.45.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.3033 per share. This represents a $1.21 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Thursday, March 26th.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FEMS. Fifth Third Bancorp purchased a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the first quarter valued at about $41,000. Geneos Wealth Management Inc. raised its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 533 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at about $68,000. Sankala Group LLC purchased a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at about $93,000. Finally, Stonehaven Wealth & Tax Solutions LLC purchased a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at about $206,000.

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.