First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $44.60 and traded as high as $48.00. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $47.75, with a volume of 19,628 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The company has a 50 day simple moving average of $44.60 and a 200-day simple moving average of $43.59. The stock has a market cap of $269.79 million, a P/E ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $0.6494 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.6% in the 1st quarter. Royal Bank of Canada now owns 96,673 shares of the exchange traded fund’s stock worth $3,593,000 after acquiring an additional 4,279 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.6% in the second quarter. Envestnet Asset Management Inc. now owns 83,237 shares of the exchange traded fund’s stock worth $3,380,000 after purchasing an additional 5,914 shares during the last quarter. Richmond Investment Services LLC boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.3% during the second quarter. Richmond Investment Services LLC now owns 10,864 shares of the exchange traded fund’s stock valued at $441,000 after buying an additional 5,440 shares during the period. Baird Financial Group Inc. boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the second quarter. Baird Financial Group Inc. now owns 30,783 shares of the exchange traded fund’s stock valued at $1,250,000 after buying an additional 739 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 21.8% in the second quarter. Jane Street Group LLC now owns 31,172 shares of the exchange traded fund’s stock worth $1,266,000 after buying an additional 5,576 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.