First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Passes Above 50 Day Moving Average – Here’s Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $45.37 and traded as high as $46.70. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $46.61, with a volume of 64,290 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 1.6%

The stock has a 50 day simple moving average of $45.37 and a 200 day simple moving average of $46.09. The firm has a market capitalization of $258.69 million, a PE ratio of 8.10 and a beta of 0.50.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.445 dividend. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30. This represents a $1.78 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Thursday, June 25th.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 1st quarter worth $41,000. Geneos Wealth Management Inc. raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% during the second 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 last quarter. Kestra Advisory Services LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at about $68,000. Sankala Group LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth about $93,000. Finally, Indivisible Partners purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth about $220,000.

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.