First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Passes Below Fifty Day Moving Average – Here’s Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $42.32 and traded as low as $42.19. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $42.43, with a volume of 19,260 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The firm has a market cap of $241.85 million, a price-to-earnings ratio of 8.10 and a beta of 0.63. The stock’s fifty day moving average price is $42.32 and its 200-day moving average price is $42.40.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.6494 dividend. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.1%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FEMS. Geneos Wealth Management Inc. lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 533 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 2nd quarter valued at about $61,000. Private Trust Co. NA lifted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.4% in the second quarter. Private Trust Co. NA now owns 5,935 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 508 shares in the last quarter. Richmond Investment Services LLC boosted its holdings in shares of 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 worth $441,000 after purchasing an additional 5,440 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the third quarter worth approximately $562,000.

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.