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

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $43.21 and traded as high as $46.35. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $46.18, with a volume of 17,185 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.7%

The firm has a market cap of $260.92 million, a PE ratio of 8.10 and a beta of 0.63. The business’s 50-day simple moving average is $43.21 and its 200 day simple moving average is $42.97.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.6494 per share. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53. This represents a $2.60 annualized dividend and a yield of 5.6%.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its holdings in shares of 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 valued at $43,000 after acquiring an additional 533 shares during the period. Ameritas Advisory Services LLC purchased a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the second quarter valued at about $61,000. Stonehaven Wealth & Tax Solutions LLC purchased a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at about $206,000. Merit Financial Group LLC raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% in the fourth quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock worth $221,000 after purchasing an additional 330 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,714.3% during the fourth quarter. Farther Finance Advisors LLC now owns 5,334 shares of the exchange traded fund’s stock valued at $225,000 after buying an additional 5,040 shares during the last quarter.

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.