First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Passes Above 50 Day Moving Average – Here’s What Happened

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Up 1.8%

The firm has a 50-day moving average price of $43.63 and a two-hundred day moving average price of $43.15. The firm has a market cap of $256.91 million, a PE ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.6494 per share. This is a boost from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, December 12th. This represents a $2.60 annualized dividend and a yield of 5.7%.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. CWM LLC raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% in the 2nd quarter. CWM LLC now owns 19,529 shares of the exchange traded fund’s stock valued at $793,000 after buying an additional 247 shares during the period. Merit Financial Group LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% in the 4th quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock valued at $221,000 after acquiring an additional 330 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of 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 worth $5,277,000 after acquiring an additional 492 shares during the last quarter. Private Trust Co. NA boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.4% during the 2nd quarter. Private Trust Co. NA now owns 5,935 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 508 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in 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 purchasing an additional 533 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.