First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS – Get Free Report) announced a quarterly dividend on Wednesday, March 25th. Stockholders of record on Thursday, March 26th will be given a dividend of 0.3033 per share by the exchange traded fund on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, March 26th.
First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 3.1%
Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund stock opened at $45.55 on Thursday. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $32.31 and a 1 year high of $48.26. The company’s fifty day simple moving average is $45.77 and its 200-day simple moving average is $43.92. The company has a market cap of $257.36 million, a price-to-earnings ratio of 8.10 and a beta of 0.63.
Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. CWM LLC raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the fourth quarter. CWM LLC now owns 20,068 shares of the exchange traded fund’s stock valued at $845,000 after buying an additional 304 shares during the last quarter. Trivium Point Advisory LLC grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.7% during the fourth quarter. Trivium Point Advisory LLC now owns 63,476 shares of the exchange traded fund’s stock worth $2,672,000 after buying an additional 1,063 shares in the last quarter. Stonehaven Wealth & Tax Solutions LLC acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth about $206,000. Flow Traders U.S. LLC bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the third quarter valued at about $2,427,000. Finally, Envestnet Asset Management Inc. increased its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.9% during the third quarter. Envestnet Asset Management Inc. now owns 84,840 shares of the exchange traded fund’s stock valued at $3,748,000 after acquiring an additional 1,603 shares during the period.
About First Trust Emerging Markets Small Cap AlphaDEX Fund
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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