First Trust Germany AlphaDEX Fund (NASDAQ:FGM) Trading 0.8% Higher

First Trust Germany AlphaDEX Fund (NASDAQ:FGM)’s stock price was up 0.8% during trading on Friday . The stock traded as high as $39.20 and last traded at $39.20. Approximately 3 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 1,824 shares. The stock had previously closed at $38.88.

First Trust Germany AlphaDEX Fund Price Performance

The company’s 50-day moving average price is $39.31 and its two-hundred day moving average price is $37.91. The company has a market capitalization of $9.80 million, a P/E ratio of 7.38 and a beta of 1.11.

First Trust Germany AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.152 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.61 annualized dividend and a yield of 1.55%.

First Trust Germany AlphaDEX Fund Company Profile

The First Trust Germany AlphaDEX Fund (FGM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Germany index. The fund tracks a tiered equal-weighted index of 40 companies selected from the S&P Germany BMI based on the S&P’s AlphaDex selection methodology. FGM was launched on Feb 14, 2012 and is managed by First Trust.