First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Shares Up 1.7%

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) shares traded up 1.7% during trading on Friday . The company traded as high as $20.17 and last traded at $20.13. 5,574 shares changed hands during trading, a decline of 51% from the average session volume of 11,412 shares. The stock had previously closed at $19.80.

First Trust Latin America AlphaDEX Fund Price Performance

The stock has a fifty day moving average of $20.17 and a 200 day moving average of $19.76. The stock has a market cap of $64.42 million, a price-to-earnings ratio of 5.72 and a beta of 1.09.

First Trust Latin America AlphaDEX Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.1878 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.75 annualized dividend and a yield of 3.73%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FLN. StoneX Group Inc. purchased a new position in shares of First Trust Latin America AlphaDEX Fund in the first quarter valued at approximately $217,000. Saxon Interests Inc. raised its position in shares of First Trust Latin America AlphaDEX Fund by 38.7% during the 1st quarter. Saxon Interests Inc. now owns 26,138 shares of the company’s stock valued at $541,000 after buying an additional 7,297 shares during the period. Benjamin F. Edwards & Company Inc. lifted its holdings in First Trust Latin America AlphaDEX Fund by 3.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 112,203 shares of the company’s stock valued at $2,323,000 after acquiring an additional 3,495 shares during the last quarter. Horizon Advisory Services Inc. acquired a new stake in First Trust Latin America AlphaDEX Fund during the first quarter worth $444,000. Finally, International Assets Investment Management LLC purchased a new stake in First Trust Latin America AlphaDEX Fund in the fourth quarter valued at $78,000.

About First Trust Latin America AlphaDEX Fund

The First Trust Latin America AlphaDEX Fund (FLN) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Latin America index. The fund tracks an index of Latin American firms screened based on a proprietary methodology, using various factors and weighted in tiers. FLN was launched on Apr 18, 2011 and is managed by First Trust.