First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Trading Down 2% – Here’s Why

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) shares traded down 2% during mid-day trading on Friday . The company traded as low as $67.00 and last traded at $67.19. 1,435 shares were traded during trading, a decline of 93% from the average session volume of 20,456 shares. The stock had previously closed at $68.59.

First Trust Eurozone AlphaDEX ETF Trading Down 2.0%

The stock’s 50-day moving average is $64.58 and its 200-day moving average is $63.03. The stock has a market cap of $141.10 million, a price-to-earnings ratio of 11.07 and a beta of 0.87.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0137 per share. This represents a $0.05 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Trading of First Trust Eurozone AlphaDEX ETF

Several large investors have recently bought and sold shares of FEUZ. Jane Street Group LLC grew its position in First Trust Eurozone AlphaDEX ETF by 16.4% in the first quarter. Jane Street Group LLC now owns 52,766 shares of the company’s stock valued at $2,453,000 after acquiring an additional 7,432 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in First Trust Eurozone AlphaDEX ETF in the second quarter valued at approximately $60,000. Raymond James Financial Inc. grew its position in First Trust Eurozone AlphaDEX ETF by 8.8% in the second quarter. Raymond James Financial Inc. now owns 10,710 shares of the company’s stock valued at $592,000 after acquiring an additional 864 shares in the last quarter. Osaic Holdings Inc. grew its position in First Trust Eurozone AlphaDEX ETF by 32.1% in the second quarter. Osaic Holdings Inc. now owns 13,315 shares of the company’s stock valued at $736,000 after acquiring an additional 3,234 shares in the last quarter. Finally, Warner Group LLC acquired a new stake in First Trust Eurozone AlphaDEX ETF in the third quarter valued at approximately $4,567,000.

First Trust Eurozone AlphaDEX ETF Company Profile

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.