First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Shares Down 0.5% – Time to Sell?

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) shares traded down 0.5% during trading on Wednesday . The company traded as low as $66.83 and last traded at $66.5510. Approximately 522 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 12,161 shares. The stock had previously closed at $66.90.

First Trust Eurozone AlphaDEX ETF Stock Performance

The firm has a fifty day simple moving average of $67.69 and a 200-day simple moving average of $66.53. The company has a market capitalization of $67.22 million, a PE 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 given a dividend of $1.0851 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.01. This represents a $4.34 dividend on an annualized basis and a dividend yield of 6.5%.

Institutional Trading of First Trust Eurozone AlphaDEX ETF

Several institutional investors have recently added to or reduced their stakes in FEUZ. Rathbones Group PLC grew its holdings in First Trust Eurozone AlphaDEX ETF by 8.6% during the 1st quarter. Rathbones Group PLC now owns 112,758 shares of the company’s stock worth $7,021,000 after acquiring an additional 8,901 shares in the last quarter. Royal Bank of Canada acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 1st quarter valued at about $46,000. First Trust Advisors LP lifted its position in shares of 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 worth $58,359,000 after purchasing an additional 322,123 shares during the last quarter. Montag A & Associates Inc. bought a new position in shares of First Trust Eurozone AlphaDEX ETF during the first quarter worth about $200,000. Finally, Hyposwiss Advisors SA acquired a new position in First Trust Eurozone AlphaDEX ETF in the fourth quarter worth about $288,000.

About First Trust Eurozone AlphaDEX ETF

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.