First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $46.78 and traded as low as $46.47. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $47.13, with a volume of 71,573 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The company has a market capitalization of $260.41 million, a P/E ratio of 8.10 and a beta of 0.51. The business’s fifty day simple moving average is $46.82 and its 200-day simple moving average is $45.11.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.3033 dividend. This represents a $1.21 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, March 26th.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 1st quarter valued at $41,000. 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 acquiring an additional 533 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at $68,000. Sankala Group LLC bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at $93,000. Finally, Stonehaven Wealth & Tax Solutions LLC purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter worth $206,000.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

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.