First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Shares Down 0.5% – What’s Next?

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ)’s stock price fell 0.5% during trading on Wednesday . The company traded as low as $66.83 and last traded at $66.5510. Approximately 522 shares changed hands during trading, a decline of 96% from the average daily volume of 12,161 shares. The stock had previously closed at $66.90.

First Trust Eurozone AlphaDEX ETF Trading Down 0.5%

The company has a market cap of $67.22 million, a price-to-earnings ratio of 11.07 and a beta of 0.87. The firm has a 50-day moving average price of $67.69 and a 200 day moving average price of $66.53.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $1.0851 dividend. 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 yield of 6.5%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of First Trust Eurozone AlphaDEX ETF

Several institutional investors have recently added to or reduced their stakes in the business. First Trust Advisors LP boosted its position in First Trust Eurozone AlphaDEX ETF by 52.4% during the 1st 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. Rathbones Group PLC grew its stake in First Trust Eurozone AlphaDEX ETF by 16.3% during the 4th quarter. Rathbones Group PLC now owns 103,857 shares of the company’s stock worth $6,377,000 after buying an additional 14,577 shares during the last quarter. Hyposwiss Advisors SA acquired a new stake in First Trust Eurozone AlphaDEX ETF in the fourth quarter worth $288,000. Montag A & Associates Inc. acquired a new stake in First Trust Eurozone AlphaDEX ETF in the first quarter worth $200,000. Finally, Royal Bank of Canada acquired a new stake in First Trust Eurozone AlphaDEX ETF in the first quarter worth $46,000.

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.