First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Share Price Crosses Above Fifty Day Moving Average of $37.69

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMSGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $37.69 and traded as high as $38.44. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $38.19, with a volume of 22,069 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 0.8 %

The stock has a market cap of $326.52 million, a PE ratio of 4.78 and a beta of 0.92. The firm has a fifty day moving average of $37.69 and a 200 day moving average of $37.87.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 26th were issued a $0.3704 dividend. This represents a $1.48 annualized dividend and a yield of 3.88%. The ex-dividend date of this dividend was Friday, December 22nd.

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

Several hedge funds have recently made changes to their positions in the company. Principal Securities Inc. purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth about $168,000. Private Advisor Group LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 33.5% during the fourth quarter. Private Advisor Group LLC now owns 277,650 shares of the exchange traded fund’s stock worth $10,673,000 after purchasing an additional 69,636 shares during the last quarter. Cedrus LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.8% during the fourth quarter. Cedrus LLC now owns 45,753 shares of the exchange traded fund’s stock worth $1,759,000 after purchasing an additional 4,075 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth about $2,200,000. Finally, Stratos Wealth Partners LTD. boosted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 5.4% during the fourth quarter. Stratos Wealth Partners LTD. now owns 7,445 shares of the exchange traded fund’s stock worth $286,000 after buying an additional 382 shares during the period.

About First Trust Emerging Markets Small Cap AlphaDEX Fund

(Get Free Report)

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.

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