NewEdge Advisors LLC Sells 33,819 Shares of First Trust Eurozone AlphaDEX ETF $FEUZ

NewEdge Advisors LLC reduced its holdings in shares of First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) by 91.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 3,149 shares of the company’s stock after selling 33,819 shares during the period. NewEdge Advisors LLC’s holdings in First Trust Eurozone AlphaDEX ETF were worth $196,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. IFP Advisors Inc lifted its stake in First Trust Eurozone AlphaDEX ETF by 48.0% during the fourth quarter. IFP Advisors Inc now owns 604 shares of the company’s stock worth $37,000 after purchasing an additional 196 shares during the period. Royal Bank of Canada acquired a new stake in First Trust Eurozone AlphaDEX ETF during the first quarter valued at approximately $46,000. Advisory Services Network LLC bought a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 3rd quarter valued at approximately $64,000. Montag A & Associates Inc. bought a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 1st quarter valued at approximately $200,000. Finally, Lido Advisors LLC acquired a new position in shares of First Trust Eurozone AlphaDEX ETF in the 4th quarter worth approximately $262,000.

First Trust Eurozone AlphaDEX ETF Price Performance

First Trust Eurozone AlphaDEX ETF stock opened at $69.07 on Wednesday. The business has a 50 day simple moving average of $67.35 and a 200 day simple moving average of $66.38. The company has a market capitalization of $138.14 million, a PE ratio of 11.07 and a beta of 0.87. First Trust Eurozone AlphaDEX ETF has a one year low of $56.22 and a one year high of $73.02.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $1.0851 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a boost from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.01. This represents a $4.34 dividend on an annualized basis and a dividend yield of 6.3%.

First Trust Eurozone AlphaDEX ETF Profile

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.