First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $43.58 and traded as high as $45.11. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $44.66, with a volume of 18,137 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The firm’s fifty day simple moving average is $43.58 and its 200 day simple moving average is $43.12. The stock has a market capitalization of $252.33 million, a price-to-earnings ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $0.6494 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $2.60 annualized dividend and a yield of 5.8%. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Beta Wealth Group Inc. lifted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.3% in the third quarter. Beta Wealth Group Inc. now owns 201,734 shares of the exchange traded fund’s stock valued at $8,913,000 after purchasing an additional 8,381 shares in the last quarter. 626 Financial LLC lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.8% in the 4th quarter. 626 Financial LLC now owns 164,705 shares of the exchange traded fund’s stock valued at $6,933,000 after acquiring an additional 4,549 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 119,447 shares of the exchange traded fund’s stock valued at $5,277,000 after acquiring an additional 492 shares in the last quarter. Private Advisor Group LLC boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.1% during the 3rd quarter. Private Advisor Group LLC now owns 111,516 shares of the exchange traded fund’s stock worth $4,927,000 after acquiring an additional 1,242 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.6% during the 1st quarter. Royal Bank of Canada now owns 96,673 shares of the exchange traded fund’s stock worth $3,593,000 after acquiring an additional 4,279 shares in 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.