First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed 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 traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 5.9 %

The firm has a market cap of $236.19 million, a price-to-earnings ratio of 5.95 and a beta of 0.92. The company’s fifty day moving average is $37.78 and its 200 day moving average is $38.50.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.0936 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 1.09%.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Blue Trust Inc. boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,237.6% during the fourth quarter. Blue Trust Inc. now owns 1,137 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 1,052 shares during the last quarter. Two Sigma Securities LLC bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter worth approximately $215,000. Richmond Investment Services LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at approximately $225,000. Stonehaven Wealth & Tax Solutions LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at $388,000. Finally, Nations Financial Group Inc. IA ADV increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund’s stock worth $389,000 after buying an additional 405 shares during 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.