First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Shares Cross Below 200 Day Moving Average – Here’s Why

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $38.53 and traded as low as $36.56. First Trust Emerging Markets Small Cap AlphaDEX Fund shares last traded at $36.64, with a volume of 93,182 shares changing hands.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 5.9 %

The stock has a market capitalization of $236.19 million, a P/E ratio of 5.95 and a beta of 0.92. The business has a fifty day simple moving average of $37.78 and a 200 day simple moving average of $38.50.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.0936 dividend. This represents a $0.37 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, March 27th.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in FEMS. Blue Trust Inc. increased its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,237.6% in the 4th quarter. Blue Trust Inc. now owns 1,137 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 1,052 shares during the last quarter. Two Sigma Securities LLC bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth $215,000. Richmond Investment Services LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at about $225,000. Stonehaven Wealth & Tax Solutions LLC purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth $388,000. Finally, Nations Financial Group Inc. IA ADV raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund’s stock valued at $389,000 after purchasing an additional 405 shares during the last quarter.

About First Trust Emerging Markets Small Cap AlphaDEX Fund

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.