First Trust Europe AlphaDEX Fund (NASDAQ:FEP) Declares Quarterly Dividend of $0.08

First Trust Europe AlphaDEX Fund (NASDAQ:FEP) declared a quarterly dividend on Wednesday, March 25th. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.0762 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Europe AlphaDEX Fund Trading Up 1.9%

Shares of FEP stock opened at $54.14 on Thursday. First Trust Europe AlphaDEX Fund has a 1 year low of $33.02 and a 1 year high of $59.39. The firm’s 50 day moving average is $56.53 and its 200-day moving average is $53.45. The firm has a market capitalization of $422.29 million, a price-to-earnings ratio of -82.03 and a beta of 0.98.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. First Trust Advisors LP bought a new position in First Trust Europe AlphaDEX Fund in the 4th quarter valued at $38,048,000. Citadel Advisors LLC bought a new position in First Trust Europe AlphaDEX Fund in the third quarter valued at about $3,366,000. &PARTNERS boosted its holdings in First Trust Europe AlphaDEX Fund by 398.2% in the fourth quarter. &PARTNERS now owns 72,684 shares of the company’s stock valued at $3,907,000 after acquiring an additional 58,096 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in First Trust Europe AlphaDEX Fund by 4,334.4% in the second quarter. Steward Partners Investment Advisory LLC now owns 45,674 shares of the company’s stock worth $2,183,000 after purchasing an additional 44,644 shares during the period. Finally, LPL Financial LLC raised its holdings in First Trust Europe AlphaDEX Fund by 9.0% during the 4th quarter. LPL Financial LLC now owns 508,290 shares of the company’s stock worth $27,323,000 after purchasing an additional 41,941 shares during the last quarter.

About First Trust Europe AlphaDEX Fund

The First Trust Europe AlphaDEX Fund (FEP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Europe index. The fund tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P’s AlphaDex selection methodology. FEP was launched on Apr 18, 2011 and is managed by First Trust.