First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $44.60 and traded as high as $48.00. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $47.75, with a volume of 19,628 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 1.0%

The stock has a 50 day simple moving average of $44.60 and a 200 day simple moving average of $43.59. The firm has a market capitalization of $269.79 million, a PE ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.6494 per share. The ex-dividend date was Friday, December 12th. This represents a $2.60 dividend on an annualized basis and a yield of 5.4%. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.6% in the first quarter. Royal Bank of Canada now owns 96,673 shares of the exchange traded fund’s stock valued at $3,593,000 after acquiring an additional 4,279 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.6% in the second quarter. Envestnet Asset Management Inc. now owns 83,237 shares of the exchange traded fund’s stock worth $3,380,000 after purchasing an additional 5,914 shares during the last quarter. Richmond Investment Services LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.3% during the 2nd quarter. Richmond Investment Services LLC now owns 10,864 shares of the exchange traded fund’s stock valued at $441,000 after purchasing an additional 5,440 shares during the period. Baird Financial Group Inc. raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the 2nd quarter. Baird Financial Group Inc. now owns 30,783 shares of the exchange traded fund’s stock valued at $1,250,000 after purchasing an additional 739 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 21.8% in the 2nd quarter. Jane Street Group LLC now owns 31,172 shares of the exchange traded fund’s stock worth $1,266,000 after buying an additional 5,576 shares during the period.

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.