First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Trading Up 0.9% – Still a Buy?

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA)’s share price shot up 0.9% during trading on Thursday . The stock traded as high as $50.34 and last traded at $50.1750. 146 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 19,966 shares. The stock had previously closed at $49.71.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Up 0.9%

The firm has a fifty day moving average price of $48.63 and a two-hundred day moving average price of $49.34. The stock has a market capitalization of $112.89 million, a P/E ratio of 10.39 and a beta of 1.10.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.1513 per share. This represents a $0.61 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FPA. Osaic Holdings Inc. bought a new position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund in the second quarter worth approximately $130,000. Compass Financial Management LLC purchased a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter worth approximately $319,000. Jane Street Group LLC purchased a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter worth approximately $850,000. Rathbones Group PLC lifted its position in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.7% in the 4th quarter. Rathbones Group PLC now owns 36,869 shares of the company’s stock valued at $1,378,000 after acquiring an additional 3,872 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its position in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% in the 3rd quarter. Susquehanna International Group LLP now owns 46,170 shares of the company’s stock valued at $1,725,000 after acquiring an additional 4,915 shares in the last quarter.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Company Profile

The First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA) is an exchange-traded fund that mostly invests in total market equity. The fund selects and weights 100 stocks from the S&P Asia Pacific Ex-Japan BMI Index based on their growth and value factors. FPA was launched on Apr 18, 2011 and is managed by First Trust.