First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Shares Up 1.7%

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) was up 1.7% during trading on Friday . The stock traded as high as $20.17 and last traded at $20.13. Approximately 5,574 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 11,412 shares. The stock had previously closed at $19.80.

First Trust Latin America AlphaDEX Fund Stock Up 1.7 %

The company has a market capitalization of $64.42 million, a PE ratio of 5.72 and a beta of 1.09. The stock’s fifty day moving average price is $20.17 and its two-hundred day moving average price is $19.76.

First Trust Latin America AlphaDEX Fund Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.1878 dividend. This represents a $0.75 annualized dividend and a yield of 3.73%. The ex-dividend date was Thursday, March 21st.

Hedge Funds Weigh In On First Trust Latin America AlphaDEX Fund

Several hedge funds and other institutional investors have recently modified their holdings of FLN. Benjamin F. Edwards & Company Inc. boosted its position in shares of First Trust Latin America AlphaDEX Fund by 3.2% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 112,203 shares of the company’s stock valued at $2,323,000 after purchasing an additional 3,495 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of First Trust Latin America AlphaDEX Fund during the 4th quarter valued at $1,827,000. Saxon Interests Inc. grew its position in shares of First Trust Latin America AlphaDEX Fund by 38.7% in the 1st quarter. Saxon Interests Inc. now owns 26,138 shares of the company’s stock worth $541,000 after buying an additional 7,297 shares during the period. Horizon Advisory Services Inc. bought a new position in shares of First Trust Latin America AlphaDEX Fund in the 1st quarter worth about $444,000. Finally, Cottonwood Capital Advisors LLC lifted its position in First Trust Latin America AlphaDEX Fund by 5.2% during the 3rd quarter. Cottonwood Capital Advisors LLC now owns 15,703 shares of the company’s stock valued at $288,000 after acquiring an additional 770 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.