First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) to Issue Quarterly Dividend of $0.40 on September 30th

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of $0.3986 per share by the exchange traded fund on Wednesday, September 30th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 10.4% decrease from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.4450.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

NASDAQ:FEMS opened at $44.64 on Friday. The firm has a 50 day simple moving average of $45.55 and a 200-day simple moving average of $46.07. The firm has a market cap of $218.73 million, a PE ratio of 8.10 and a beta of 0.51. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1-year low of $40.94 and a 1-year high of $49.49.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Baird Financial Group Inc. increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 68.4% in the 2nd quarter. Baird Financial Group Inc. now owns 68,862 shares of the exchange traded fund’s stock valued at $3,144,000 after purchasing an additional 27,974 shares in the last quarter. HBW Advisory Services LLC lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 22.5% during the first quarter. HBW Advisory Services LLC now owns 51,240 shares of the exchange traded fund’s stock worth $2,334,000 after purchasing an additional 9,402 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.0% during the first quarter. Cetera Investment Advisers now owns 74,175 shares of the exchange traded fund’s stock worth $3,379,000 after purchasing an additional 4,180 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.9% in the first quarter. NewEdge Advisors LLC now owns 81,963 shares of the exchange traded fund’s stock worth $3,734,000 after buying an additional 3,817 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.4% in the first quarter. Royal Bank of Canada now owns 52,484 shares of the exchange traded fund’s stock worth $2,391,000 after buying an additional 3,598 shares during the period.

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.