First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Passes Above 50-Day Moving Average - Here's Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $36.81 and traded as high as $36.99. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $36.69, with a volume of 26,481 shares.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The stock's fifty day moving average is $36.81 and its 200-day moving average is $37.83. The stock has a market capitalization of $232.98 million, a PE ratio of 8.15 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.0936 per share. This represents a $0.37 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Thursday, March 27th.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. increased its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 44.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 69,494 shares of the exchange traded fund's stock worth $2,583,000 after purchasing an additional 21,290 shares during the last quarter. World Equity Group Inc. increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 16.2% during the first quarter. World Equity Group Inc. now owns 23,302 shares of the exchange traded fund's stock valued at $866,000 after acquiring an additional 3,257 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.8% in the first quarter. Janney Montgomery Scott LLC now owns 11,701 shares of the exchange traded fund's stock valued at $435,000 after purchasing an additional 324 shares in the last quarter. 626 Financial LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 10.4% in the first quarter. 626 Financial LLC now owns 159,873 shares of the exchange traded fund's stock valued at $5,942,000 after purchasing an additional 15,028 shares in the last quarter. Finally, Quad Cities Investment Group LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 3.8% in the first quarter. Quad Cities Investment Group LLC now owns 44,994 shares of the exchange traded fund's stock valued at $1,672,000 after purchasing an additional 1,667 shares in the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

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.

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