First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Passes Below 50-Day Moving Average – Should You Sell?

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $46.17 and traded as low as $44.47. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $44.70, with a volume of 8,792 shares trading hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 0.3%

The firm has a 50 day simple moving average of $46.17 and a 200-day simple moving average of $46.03. The company has a market cap of $248.09 million, a PE ratio of 8.10 and a beta of 0.49.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.445 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30. This represents a $1.78 dividend on an annualized basis and a yield of 4.0%.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the first quarter worth $41,000. Geneos Wealth Management Inc. lifted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 533 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter worth $68,000. Sankala Group LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter worth $93,000. Finally, Stonehaven Wealth & Tax Solutions LLC purchased a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter worth $206,000.

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.