First Trust China AlphaDEX Fund (FCA) to Issue Quarterly Dividend of $0.40 on June 30th

First Trust China AlphaDEX Fund (NASDAQ:FCA) announced a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be paid a dividend of 0.4019 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust China AlphaDEX Fund Stock Performance

NASDAQ:FCA opened at $28.73 on Friday. The company has a market cap of $97.68 million, a P/E ratio of 9.26 and a beta of 0.40. First Trust China AlphaDEX Fund has a 52-week low of $23.76 and a 52-week high of $34.60. The stock’s 50-day simple moving average is $31.61 and its 200 day simple moving average is $31.45.

Institutional Investors Weigh In On First Trust China AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in FCA. Advisory Services Network LLC acquired a new position in shares of First Trust China AlphaDEX Fund during the 3rd quarter worth approximately $69,000. Kestra Advisory Services LLC bought a new position in First Trust China AlphaDEX Fund in the fourth quarter valued at approximately $153,000. StoneX Group Inc. acquired a new position in First Trust China AlphaDEX Fund during the second quarter valued at approximately $204,000. GeoWealth Management LLC acquired a new stake in shares of First Trust China AlphaDEX Fund in the 3rd quarter valued at $587,000. Finally, Genesee Capital Advisors LLC acquired a new position in shares of First Trust China AlphaDEX Fund during the 4th quarter worth $610,000.

About First Trust China AlphaDEX Fund

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.