First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Crosses Above Fifty Day Moving Average – What’s Next?

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $45.53 and traded as high as $45.99. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $45.7550, with a volume of 19,917 shares.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

The firm has a 50-day simple moving average of $45.63 and a 200 day simple moving average of $43.85. The company has a market capitalization of $252.16 million, a PE ratio of 8.10 and a beta of 0.63.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Several hedge funds have recently modified their holdings of FEMS. Geneos Wealth Management Inc. boosted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 533 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at approximately $68,000. Sankala Group LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at approximately $93,000. Stonehaven Wealth & Tax Solutions LLC acquired a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth $206,000. Finally, Indivisible Partners acquired a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth $220,000.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

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.