First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Shares Cross Above 50-Day Moving Average – Here’s Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $46.58 and traded as high as $46.71. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $46.51, with a volume of 46,057 shares.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The stock’s fifty day moving average is $46.58 and its 200-day moving average is $44.90. The stock has a market capitalization of $258.13 million, a PE ratio of 8.10 and a beta of 0.51.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.3033 per share. This represents a $1.21 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, March 26th.

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. Oppenheimer & Co. Inc. lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 22,032 shares of the exchange traded fund’s stock valued at $927,000 after purchasing an additional 1,364 shares in the last quarter. Trivium Point Advisory LLC increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.7% during the fourth quarter. Trivium Point Advisory LLC now owns 63,476 shares of the exchange traded fund’s stock worth $2,672,000 after purchasing an additional 1,063 shares in the last quarter. Merit Financial Group LLC increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% during the fourth quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock worth $221,000 after purchasing an additional 330 shares in the last quarter. CWM LLC increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the fourth quarter. CWM LLC now owns 20,068 shares of the exchange traded fund’s stock worth $845,000 after purchasing an additional 304 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,714.3% during the fourth quarter. Farther Finance Advisors LLC now owns 5,334 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 5,040 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.