First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMSGet Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $43.21 and traded as high as $46.35. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $46.18, with a volume of 17,185 shares traded.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

The firm’s 50 day moving average is $43.21 and its 200 day moving average is $42.97. The stock has a market cap of $260.92 million, a P/E ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.6494 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FEMS. Geneos Wealth Management Inc. raised its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 533 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the second quarter worth about $61,000. Stonehaven Wealth & Tax Solutions LLC acquired a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at about $206,000. Merit Financial Group LLC raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% in the 4th quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock valued at $221,000 after purchasing an additional 330 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,714.3% in the 4th quarter. Farther Finance Advisors LLC now owns 5,334 shares of the exchange traded fund’s stock valued at $225,000 after purchasing an additional 5,040 shares during the last quarter.

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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