First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Share Price Crosses Below 200-Day Moving Average - Here's What Happened

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $38.53 and traded as low as $36.56. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $36.64, with a volume of 93,182 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The company has a market capitalization of $223.04 million, a price-to-earnings ratio of 7.92 and a beta of 0.92. The business's 50 day moving average is $37.50 and its 200 day moving average is $38.35.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.0936 dividend. This represents a $0.37 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend was Thursday, March 27th.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at approximately $21,068,000. LPL Financial LLC lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.0% in the 4th quarter. LPL Financial LLC now owns 424,504 shares of the exchange traded fund's stock valued at $16,015,000 after purchasing an additional 4,249 shares during the period. Cornerstone Planning Group LLC boosted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 5.9% during the fourth quarter. Cornerstone Planning Group LLC now owns 285,729 shares of the exchange traded fund's stock worth $10,718,000 after buying an additional 15,995 shares in the last quarter. 626 Financial LLC grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.6% during the fourth quarter. 626 Financial LLC now owns 144,845 shares of the exchange traded fund's stock valued at $5,464,000 after buying an additional 832 shares during the period. Finally, OLD Mission Capital LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 348.1% in the fourth quarter. OLD Mission Capital LLC now owns 138,717 shares of the exchange traded fund's stock valued at $5,233,000 after buying an additional 107,760 shares in the last quarter.

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.