First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Shares Cross Below 200 Day Moving Average – What’s Next?

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM)’s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $31.59 and traded as low as $31.06. First Trust Emerging Markets AlphaDEX Fund shares last traded at $31.47, with a volume of 82,792 shares changing hands.

First Trust Emerging Markets AlphaDEX Fund Stock Up 0.4%

The stock has a market capitalization of $777.27 million, a price-to-earnings ratio of 9.20 and a beta of 0.62. The company has a 50 day moving average of $32.76 and a 200 day moving average of $31.64.

First Trust Emerging Markets AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.2849 dividend. This is a positive change from First Trust Emerging Markets AlphaDEX Fund’s previous quarterly dividend of $0.1899. The ex-dividend date was Thursday, September 24th. This represents a $1.14 annualized dividend and a yield of 3.6%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FEM. Bank of America Corp DE lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 24.4% during the 1st quarter. Bank of America Corp DE now owns 1,303,530 shares of the company’s stock worth $39,045,000 after acquiring an additional 255,989 shares during the period. Envestnet Asset Management Inc. grew its holdings in First Trust Emerging Markets AlphaDEX Fund by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 875,590 shares of the company’s stock valued at $28,010,000 after purchasing an additional 26,228 shares during the period. First Trust Advisors LP increased its position in First Trust Emerging Markets AlphaDEX Fund by 2,581.4% during the first quarter. First Trust Advisors LP now owns 758,297 shares of the company’s stock worth $22,714,000 after purchasing an additional 730,017 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in First Trust Emerging Markets AlphaDEX Fund by 1.9% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 617,179 shares of the company’s stock worth $18,487,000 after purchasing an additional 11,746 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in First Trust Emerging Markets AlphaDEX Fund by 25.2% during the first quarter. Cetera Investment Advisers now owns 365,701 shares of the company’s stock worth $10,954,000 after purchasing an additional 73,681 shares during the last quarter.

About First Trust Emerging Markets AlphaDEX Fund

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.