First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Trading Up 0.3% – What’s Next?

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) shares rose 0.3% on Thursday . The stock traded as high as $49.46 and last traded at $49.52. Approximately 3,354 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 21,673 shares. The stock had previously closed at $49.38.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Price Performance

The firm’s 50 day moving average price is $50.14 and its 200-day moving average price is $48.80. The firm has a market cap of $111.42 million, a price-to-earnings ratio of 10.39 and a beta of 1.08.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1513 dividend. This represents a $0.61 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 25th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Susquehanna International Group LLP lifted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% in the third quarter. Susquehanna International Group LLP now owns 46,170 shares of the company’s stock valued at $1,725,000 after buying an additional 4,915 shares during the period. Rathbones Group PLC grew its position in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 14.5% during the first quarter. Rathbones Group PLC now owns 42,208 shares of the company’s stock worth $1,835,000 after buying an additional 5,339 shares in the last quarter. Jane Street Group LLC bought a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter valued at about $850,000. Compass Financial Management LLC bought a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter valued at about $319,000. Finally, Osaic Holdings Inc. acquired a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter valued at approximately $130,000.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Company Profile

The First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA) is an exchange-traded fund that mostly invests in total market equity. The fund selects and weights 100 stocks from the S&P Asia Pacific Ex-Japan BMI Index based on their growth and value factors. FPA was launched on Apr 18, 2011 and is managed by First Trust.