First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Stock Price Up 0.7% – Here’s What Happened

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ)’s stock price traded up 0.7% on Thursday. The company traded as high as $63.82 and last traded at $63.7240. 185 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 11,215 shares. The stock had previously closed at $63.29.

First Trust Eurozone AlphaDEX ETF Price Performance

The firm’s fifty day simple moving average is $65.61 and its 200 day simple moving average is $65.97. The company has a market capitalization of $114.70 million, a price-to-earnings ratio of 11.07 and a beta of 0.87.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.4126 per share. The ex-dividend date was Thursday, September 24th. This represents a $1.65 annualized dividend and a dividend yield of 2.6%. This is a negative change from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $1.0851.

Hedge Funds Weigh In On First Trust Eurozone AlphaDEX ETF

Several institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada bought a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 1st quarter worth approximately $46,000. Montag A & Associates Inc. acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 1st quarter worth approximately $200,000. Cottonwood Capital Advisors LLC grew its holdings in shares of First Trust Eurozone AlphaDEX ETF by 9.9% during the 3rd quarter. Cottonwood Capital Advisors LLC now owns 3,921 shares of the company’s stock worth $252,000 after purchasing an additional 353 shares in the last quarter. Rathbones Group PLC increased its position in shares of First Trust Eurozone AlphaDEX ETF by 8.6% during the first quarter. Rathbones Group PLC now owns 112,758 shares of the company’s stock valued at $7,021,000 after purchasing an additional 8,901 shares during the period. Finally, First Trust Advisors LP increased its position in shares of First Trust Eurozone AlphaDEX ETF by 52.4% during the first quarter. First Trust Advisors LP now owns 937,185 shares of the company’s stock valued at $58,359,000 after purchasing an additional 322,123 shares during the period.

About First Trust Eurozone AlphaDEX ETF

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.