First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Stock Price Down 0.8% – Should You Sell?

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT)’s share price dropped 0.8% during mid-day trading on Wednesday . The stock traded as low as $57.66 and last traded at $57.87. Approximately 18,781 shares changed hands during trading, a decline of 58% from the average daily volume of 45,146 shares. The stock had previously closed at $58.34.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

The firm has a 50 day simple moving average of $55.20 and a 200-day simple moving average of $55.86. The stock has a market capitalization of $413.19 million, a price-to-earnings ratio of 7.34 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.789 per share. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust Developed Markets ex-US AlphaDEX Fund

Several large investors have recently made changes to their positions in the business. GTS Securities LLC grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 12.5% during the fourth quarter. GTS Securities LLC now owns 17,257 shares of the company’s stock worth $933,000 after purchasing an additional 1,918 shares during the last quarter. Snowden Capital Advisors LLC grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 0.7% during the fourth quarter. Snowden Capital Advisors LLC now owns 33,230 shares of the company’s stock worth $1,797,000 after purchasing an additional 244 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 8.9% during the fourth quarter. Cetera Investment Advisers now owns 155,616 shares of the company’s stock worth $8,416,000 after purchasing an additional 12,676 shares during the last quarter. Baird Financial Group Inc. bought a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the fourth quarter worth $224,000. Finally, Bank of America Corp DE bought a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the fourth quarter worth $3,058,000.

About First Trust Developed Markets ex-US AlphaDEX Fund

The First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US index. The fund tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers. FDT was launched on Apr 18, 2011 and is managed by First Trust.