First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $47.05 and traded as low as $44.87. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $45.10, with a volume of 12,804 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.5%

The firm’s 50 day simple moving average is $47.08 and its 200-day simple moving average is $45.35. The stock has a market capitalization of $249.58 million, a price-to-earnings ratio of 8.10 and a beta of 0.49.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.3033 dividend. This represents a $1.21 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Fifth Third Bancorp bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 1st quarter valued at about $41,000. Geneos Wealth Management Inc. grew its position in shares of 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 period. Kestra Advisory Services LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at about $68,000. Sankala Group LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at about $93,000. Finally, Stonehaven Wealth & Tax Solutions LLC bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter worth about $206,000.

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.