First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Stock Price Down 0.5% – Here’s What Happened

Shares of First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) traded down 0.5% during trading on Wednesday . The company traded as low as $66.83 and last traded at $66.5510. 522 shares traded hands during trading, a decline of 96% from the average daily volume of 12,161 shares. The stock had previously closed at $66.90.

First Trust Eurozone AlphaDEX ETF Stock Down 1.2%

The company has a 50 day moving average price of $67.72 and a 200-day moving average price of $66.52. The company has a market cap of $132.92 million, a price-to-earnings ratio of 11.07 and a beta of 0.87.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $1.0851 dividend. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.01. This represents a $4.34 annualized dividend and a yield of 6.5%.

Institutional Investors Weigh In On First Trust Eurozone AlphaDEX ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Rathbones Group PLC increased its holdings in First Trust Eurozone AlphaDEX ETF by 8.6% in the first quarter. Rathbones Group PLC now owns 112,758 shares of the company’s stock worth $7,021,000 after purchasing an additional 8,901 shares in the last quarter. Royal Bank of Canada acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 1st quarter worth approximately $46,000. First Trust Advisors LP grew its position in shares of First Trust Eurozone AlphaDEX ETF by 52.4% during the 1st quarter. First Trust Advisors LP now owns 937,185 shares of the company’s stock worth $58,359,000 after buying an additional 322,123 shares during the period. Montag A & Associates Inc. acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 1st quarter worth approximately $200,000. Finally, Hyposwiss Advisors SA bought a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 4th quarter valued at $288,000.

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.