First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Get Free Report)'s stock price shot up 0.2% on Tuesday . The stock traded as high as $22.97 and last traded at $22.91. 39,091 shares changed hands during trading, a decline of 55% from the average session volume of 87,551 shares. The stock had previously closed at $22.86.
First Trust Emerging Markets AlphaDEX Fund Price Performance
The company has a market capitalization of $395.85 million, a P/E ratio of 5.06 and a beta of 0.85. The company has a fifty day moving average price of $22.23 and a two-hundred day moving average price of $22.72.
First Trust Emerging Markets AlphaDEX Fund Announces Dividend
The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.1449 per share. The ex-dividend date of this dividend was Friday, December 13th.
Institutional Trading of First Trust Emerging Markets AlphaDEX Fund
Hedge funds and other institutional investors have recently made changes to their positions in the company. Larson Financial Group LLC grew its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 33.1% during the fourth quarter. Larson Financial Group LLC now owns 1,943 shares of the company's stock worth $43,000 after purchasing an additional 483 shares during the last quarter. Synergy Investment Management LLC acquired a new position in shares of First Trust Emerging Markets AlphaDEX Fund in the fourth quarter worth approximately $69,000. Tucker Asset Management LLC lifted its stake in shares of First Trust Emerging Markets AlphaDEX Fund by 23.3% in the fourth quarter. Tucker Asset Management LLC now owns 3,241 shares of the company's stock worth $71,000 after acquiring an additional 612 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of First Trust Emerging Markets AlphaDEX Fund by 615.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,644 shares of the company's stock worth $124,000 after acquiring an additional 4,855 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of First Trust Emerging Markets AlphaDEX Fund in the fourth quarter worth approximately $206,000.
First Trust Emerging Markets AlphaDEX Fund Company Profile
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The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.
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