First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $43.96 and traded as high as $46.76. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $46.49, with a volume of 18,853 shares.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The stock has a market capitalization of $262.67 million, a price-to-earnings ratio of 8.10 and a beta of 0.63. The company’s 50-day simple moving average is $43.96 and its 200-day simple moving average is $43.32.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.6494 dividend. This is a boost from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53. The ex-dividend date was Friday, December 12th. This represents a $2.60 annualized dividend and a yield of 5.6%.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its holdings 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 valued at $43,000 after purchasing an additional 533 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at approximately $68,000. Stonehaven Wealth & Tax Solutions LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at approximately $206,000. Indivisible Partners bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at approximately $220,000. Finally, Merit Financial Group LLC grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% during the fourth quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock worth $221,000 after buying an additional 330 shares in 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.