First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Trading 1% Higher – Still a Buy?

Shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) shot up 1% during trading on Monday . The stock traded as high as $71.66 and last traded at $71.5610. 1,721 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 2,416 shares. The stock had previously closed at $70.83.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Price Performance

The stock has a market capitalization of $14.31 million, a PE ratio of 8.58 and a beta of 0.83. The stock’s 50 day simple moving average is $66.46 and its two-hundred day simple moving average is $67.53.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.7453 dividend. This is a boost from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $2.98 dividend on an annualized basis and a dividend yield of 4.2%.

Hedge Funds Weigh In On First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

Several institutional investors have recently bought and sold shares of the company. Crusonia Wealth Advisors LLC purchased a new position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the 4th quarter valued at $2,522,000. City Holding Co. purchased a new stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the 2nd quarter worth about $583,000. Citadel Advisors LLC raised its stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% in the 3rd quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock valued at $969,000 after acquiring an additional 4,238 shares during the period. Osaic Holdings Inc. raised its stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% in the 4th quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock valued at $160,000 after acquiring an additional 2,659 shares during the period. Finally, Noble Wealth Management PBC bought a new stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the 2nd quarter valued at about $131,000.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Company Profile

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology. FDTS was launched on Feb 15, 2012 and is managed by First Trust.