First Trust Brazil AlphaDEX Fund (NASDAQ:FBZ) Shares Up 0.7%

First Trust Brazil AlphaDEX Fund (NASDAQ:FBZ)’s stock price rose 0.7% during trading on Tuesday . The company traded as high as $11.41 and last traded at $11.41. Approximately 1,783 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 4,870 shares. The stock had previously closed at $11.33.

First Trust Brazil AlphaDEX Fund Stock Up 0.7 %

The company has a market capitalization of $6.28 million, a P/E ratio of 7.12 and a beta of 1.02. The business has a 50 day moving average of $11.89 and a 200 day moving average of $11.46.

First Trust Brazil AlphaDEX Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.0599 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.10%.

Hedge Funds Weigh In On First Trust Brazil AlphaDEX Fund

An institutional investor recently bought a new position in First Trust Brazil AlphaDEX Fund stock. Cambridge Investment Research Advisors Inc. bought a new position in First Trust Brazil AlphaDEX Fund (NASDAQ:FBZ) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 14,503 shares of the company’s stock, valued at approximately $147,000. Cambridge Investment Research Advisors Inc. owned about 2.64% of First Trust Brazil AlphaDEX Fund as of its most recent SEC filing.

About First Trust Brazil AlphaDEX Fund

The First Trust Brazil AlphaDEX Fund (FBZ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index weighted in tiers and selected using growth and value factors. FBZ was launched on Apr 18, 2011 and is managed by First Trust.