First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Shares Down 2.4%

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) shares traded down 2.4% during mid-day trading on Friday . The stock traded as low as $19.87 and last traded at $19.92. 4,699 shares traded hands during trading, a decline of 63% from the average session volume of 12,873 shares. The stock had previously closed at $20.40.

First Trust Latin America AlphaDEX Fund Stock Performance

The company has a market cap of $63.74 million, a P/E ratio of 5.72 and a beta of 1.09. The firm has a 50 day moving average price of $20.35 and a 200-day moving average price of $19.60.

First Trust Latin America AlphaDEX Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.1878 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.75 annualized dividend and a dividend yield of 3.77%.

Institutional Trading of First Trust Latin America AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in FLN. International Assets Investment Management LLC bought a new stake in First Trust Latin America AlphaDEX Fund during the 4th quarter valued at approximately $78,000. UBS Group AG boosted its stake in First Trust Latin America AlphaDEX Fund by 12.6% during the 1st quarter. UBS Group AG now owns 6,433 shares of the company’s stock valued at $111,000 after purchasing an additional 719 shares during the period. Advisor Group Holdings Inc. boosted its stake in First Trust Latin America AlphaDEX Fund by 1,084.1% during the 1st quarter. Advisor Group Holdings Inc. now owns 8,573 shares of the company’s stock valued at $177,000 after purchasing an additional 7,849 shares during the period. Foundations Investment Advisors LLC bought a new stake in First Trust Latin America AlphaDEX Fund during the 3rd quarter valued at approximately $250,000. Finally, Good Life Advisors LLC boosted its stake in First Trust Latin America AlphaDEX Fund by 16.4% during the 4th quarter. Good Life Advisors LLC now owns 12,586 shares of the company’s stock valued at $262,000 after purchasing an additional 1,777 shares during the period.

First Trust Latin America AlphaDEX Fund Company Profile

The First Trust Latin America AlphaDEX Fund (FLN) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Latin America index. The fund tracks an index of Latin American firms screened based on a proprietary methodology, using various factors and weighted in tiers. FLN was launched on Apr 18, 2011 and is managed by First Trust.