First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Stock Price Down 0.7% – Here’s Why

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) fell 0.7% during mid-day trading on Thursday . The stock traded as low as $66.46 and last traded at $66.59. 903 shares were traded during mid-day 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 Performance

The business has a 50 day simple moving average of $67.58 and a 200-day simple moving average of $65.55. The stock has a market cap of $136.51 million, a P/E ratio of 11.07 and a beta of 0.87.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid 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 was Thursday, June 25th. This is an increase from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.01.

Institutional Investors Weigh In On First Trust Eurozone AlphaDEX ETF

Large investors have recently added to or reduced their stakes in the company. Rathbones Group PLC raised its position in shares of 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 valued at $7,021,000 after purchasing an additional 8,901 shares during the period. Royal Bank of Canada bought a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 1st quarter valued at about $46,000. First Trust Advisors LP lifted its position 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 purchasing an additional 322,123 shares during the last quarter. Montag A & Associates Inc. purchased a new position in First Trust Eurozone AlphaDEX ETF in the first quarter worth $200,000. Finally, NewEdge Advisors LLC increased its stake in First Trust Eurozone AlphaDEX ETF by 1.4% in the fourth quarter. NewEdge Advisors LLC now owns 36,968 shares of the company’s stock valued at $2,270,000 after acquiring an additional 513 shares during the last quarter.

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.