NewEdge Advisors LLC Sells 33,819 Shares of First Trust Eurozone AlphaDEX ETF $FEUZ

NewEdge Advisors LLC reduced its stake in shares of First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) by 91.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,149 shares of the company’s stock after selling 33,819 shares during the quarter. NewEdge Advisors LLC owned 0.15% of First Trust Eurozone AlphaDEX ETF worth $196,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FEUZ. IFP Advisors Inc grew its position in First Trust Eurozone AlphaDEX ETF by 48.0% in the 4th quarter. IFP Advisors Inc now owns 604 shares of the company’s stock worth $37,000 after purchasing an additional 196 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of First Trust Eurozone AlphaDEX ETF by 2.4% in the fourth quarter. Osaic Holdings Inc. now owns 12,209 shares of the company’s stock valued at $750,000 after buying an additional 283 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of First Trust Eurozone AlphaDEX ETF by 1.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 39,277 shares of the company’s stock valued at $2,412,000 after buying an additional 519 shares during the period. Royal Bank of Canada acquired a new stake in First Trust Eurozone AlphaDEX ETF during the first quarter worth about $46,000. Finally, Raymond James Financial Inc. grew its position in First Trust Eurozone AlphaDEX ETF by 8.8% during the second quarter. Raymond James Financial Inc. now owns 10,710 shares of the company’s stock worth $592,000 after buying an additional 864 shares in the last quarter.

First Trust Eurozone AlphaDEX ETF Stock Up 0.5%

Shares of FEUZ opened at $69.07 on Wednesday. The stock’s 50-day moving average price is $67.35 and its 200 day moving average price is $66.38. The firm has a market capitalization of $138.14 million, a price-to-earnings ratio of 11.07 and a beta of 0.87. First Trust Eurozone AlphaDEX ETF has a 12-month low of $56.22 and a 12-month high of $73.02.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The company also recently disclosed 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. This is a boost 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 6.3%. The ex-dividend date was Thursday, June 25th.

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.