First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $38.53 and traded as low as $36.56. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $36.64, with a volume of 93,182 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The company has a market cap of $250.98 million, a PE ratio of 5.95 and a beta of 0.92. The business has a 50 day moving average of $37.85 and a 200 day moving average of $38.53.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.0936 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.37 annualized dividend and a dividend yield of 1.02%.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% in the third quarter. Integrated Wealth Concepts LLC now owns 128,846 shares of the exchange traded fund’s stock worth $5,293,000 after buying an additional 1,624 shares during the period. Stifel Financial Corp lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.3% in the 3rd quarter. Stifel Financial Corp now owns 41,153 shares of the exchange traded fund’s stock valued at $1,690,000 after purchasing an additional 3,512 shares during the period. MML Investors Services LLC lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 42.2% in the 3rd quarter. MML Investors Services LLC now owns 53,429 shares of the exchange traded fund’s stock valued at $2,195,000 after purchasing an additional 15,860 shares during the period. HBW Advisory Services LLC boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.6% during the fourth quarter. HBW Advisory Services LLC now owns 33,821 shares of the exchange traded fund’s stock valued at $1,276,000 after purchasing an additional 2,087 shares in the last quarter. Finally, Quad Cities Investment Group LLC grew its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.3% in the fourth quarter. Quad Cities Investment Group LLC now owns 43,327 shares of the exchange traded fund’s stock worth $1,635,000 after purchasing an additional 980 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.