First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Stock Price Down 0.7% – Should You Sell?

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) shares fell 0.7% on Thursday . The stock traded as low as $66.46 and last traded at $66.59. Approximately 903 shares were traded during trading, a decline of 94% from the average daily volume of 14,950 shares. The stock had previously closed at $67.08.

First Trust Eurozone AlphaDEX ETF Stock Down 0.2%

The firm has a market cap of $136.20 million, a P/E ratio of 11.07 and a beta of 0.87. The firm’s 50-day simple moving average is $67.54 and its 200 day simple moving average is $65.56.

First Trust Eurozone AlphaDEX ETF Increases Dividend

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

Institutional Trading of First Trust Eurozone AlphaDEX ETF

Large investors have recently modified their holdings of the company. First Trust Advisors LP increased its holdings in First Trust Eurozone AlphaDEX ETF by 52.4% during the first quarter. First Trust Advisors LP now owns 937,185 shares of the company’s stock valued at $58,359,000 after buying an additional 322,123 shares during the last quarter. &PARTNERS purchased a new position in shares of First Trust Eurozone AlphaDEX ETF during the 4th quarter worth $3,074,000. NewEdge Advisors LLC grew its position in shares of First Trust Eurozone AlphaDEX ETF by 3,241.4% during the 3rd quarter. NewEdge Advisors LLC now owns 36,455 shares of the company’s stock valued at $2,143,000 after acquiring an additional 35,364 shares during the period. Susquehanna International Group LLP bought a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 3rd quarter valued at $1,903,000. Finally, Jane Street Group LLC purchased a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 4th quarter worth $1,613,000.

First Trust Eurozone AlphaDEX ETF Company Profile

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.