First Trust Europe AlphaDEX Fund (NASDAQ:FEP) Shares Down 0.1%

Shares of First Trust Europe AlphaDEX Fund (NASDAQ:FEP) traded down 0.1% on Thursday . The company traded as low as $36.26 and last traded at $36.30. 14,051 shares changed hands during trading, a decline of 35% from the average session volume of 21,725 shares. The stock had previously closed at $36.34.

First Trust Europe AlphaDEX Fund Stock Down 0.1 %

The stock has a fifty day moving average of $36.72 and a two-hundred day moving average of $35.13. The stock has a market cap of $205.10 million, a price-to-earnings ratio of -55.00 and a beta of 1.09.

First Trust Europe AlphaDEX Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.2853 per share. This represents a $1.14 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend was Thursday, March 21st. First Trust Europe AlphaDEX Fund’s dividend payout ratio is presently -218.18%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. acquired a new stake in First Trust Europe AlphaDEX Fund in the first quarter valued at $33,000. Worth Asset Management LLC acquired a new stake in First Trust Europe AlphaDEX Fund in the first quarter valued at $33,000. AlphaMark Advisors LLC grew its holdings in First Trust Europe AlphaDEX Fund by 37.2% in the third quarter. AlphaMark Advisors LLC now owns 1,290 shares of the company’s stock valued at $43,000 after purchasing an additional 350 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in First Trust Europe AlphaDEX Fund by 180.9% in the second quarter. JPMorgan Chase & Co. now owns 1,702 shares of the company’s stock valued at $59,000 after purchasing an additional 1,096 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in First Trust Europe AlphaDEX Fund by 84.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,236 shares of the company’s stock valued at $71,000 after purchasing an additional 1,023 shares during the last quarter.

About First Trust Europe AlphaDEX Fund

The First Trust Europe AlphaDEX Fund (FEP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Europe index. The fund tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P’s AlphaDex selection methodology. FEP was launched on Apr 18, 2011 and is managed by First Trust.