First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Crosses Below 50-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 Wednesday . The stock has a 50 day moving average of $42.55 and traded as low as $42.39. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $42.84, with a volume of 13,181 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 0.7%

The business has a 50 day simple moving average of $42.55 and a two-hundred day simple moving average of $42.15. The stock has a market cap of $265.61 million, a price-to-earnings ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.532 dividend. This represents a $2.13 dividend on an annualized basis and a dividend yield of 5.0%. This is a boost from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.52. The ex-dividend date was Thursday, September 25th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. increased its position in shares of 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 purchasing an additional 533 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the second quarter worth about $61,000. Private Trust Co. NA increased its holdings in 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 valued at $241,000 after buying an additional 508 shares during the last quarter. Richmond Investment Services LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.3% in the second quarter. Richmond Investment Services LLC now owns 10,864 shares of the exchange traded fund’s stock valued at $441,000 after buying an additional 5,440 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the third quarter valued at approximately $562,000.

About First Trust Emerging Markets Small Cap AlphaDEX Fund

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.