First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Shares Down 0.9% – Should You Sell?

Shares of First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) traded down 0.9% on Tuesday . The company traded as low as $66.93 and last traded at $67.37. 10,282 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 16,740 shares. The stock had previously closed at $67.95.

First Trust Eurozone AlphaDEX ETF Price Performance

The firm has a 50-day simple moving average of $67.69 and a 200-day simple moving average of $64.84. The firm has a market capitalization of $141.48 million, a PE ratio of 11.07 and a beta of 0.86.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.0137 dividend. This represents a $0.05 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, March 26th.

Institutional Trading of First Trust Eurozone AlphaDEX ETF

Several large investors have recently added to or reduced their stakes in FEUZ. IFP Advisors Inc raised its position in First Trust Eurozone AlphaDEX ETF by 48.0% in the fourth quarter. IFP Advisors Inc now owns 604 shares of the company’s stock worth $37,000 after acquiring an additional 196 shares during the period. Sound Income Strategies LLC bought a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 4th quarter valued at $40,000. Royal Bank of Canada bought a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 1st quarter valued at $46,000. Dunhill Financial LLC grew its position in shares of First Trust Eurozone AlphaDEX ETF by 22.5% during the 3rd quarter. Dunhill Financial LLC now owns 986 shares of the company’s stock valued at $58,000 after acquiring an additional 181 shares during the period. Finally, NewEdge Advisors LLC purchased a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 2nd quarter worth $60,000.

About First Trust Eurozone AlphaDEX ETF

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.