First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Stock Price Down 0%

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM)’s stock price was down 0% during mid-day trading on Monday . The stock traded as low as $22.84 and last traded at $23.07. Approximately 49,088 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 70,717 shares. The stock had previously closed at $23.08.

First Trust Emerging Markets AlphaDEX Fund Stock Up 0.1 %

The company has a market cap of $425.64 million, a PE ratio of 4.81 and a beta of 0.79. The business’s 50 day moving average price is $23.13 and its 200-day moving average price is $21.99.

First Trust Emerging Markets AlphaDEX Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.0949 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.38 annualized dividend and a dividend yield of 1.65%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Benjamin F. Edwards & Company Inc. grew its holdings in First Trust Emerging Markets AlphaDEX Fund by 3.2% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 22,817 shares of the company’s stock worth $505,000 after acquiring an additional 699 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in First Trust Emerging Markets AlphaDEX Fund by 3.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 20,833 shares of the company’s stock worth $461,000 after buying an additional 714 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of First Trust Emerging Markets AlphaDEX Fund by 2.6% in the 1st quarter. Park Avenue Securities LLC now owns 32,970 shares of the company’s stock worth $754,000 after acquiring an additional 822 shares in the last quarter. Iams Wealth Management LLC increased its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 2.8% in the 1st quarter. Iams Wealth Management LLC now owns 30,725 shares of the company’s stock valued at $704,000 after acquiring an additional 847 shares during the last quarter. Finally, Midwest Financial Group LLC raised its position in shares of First Trust Emerging Markets AlphaDEX Fund by 1.2% during the 1st quarter. Midwest Financial Group LLC now owns 90,684 shares of the company’s stock valued at $2,074,000 after acquiring an additional 1,057 shares in the last quarter.

First Trust Emerging Markets AlphaDEX Fund Company Profile

The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.