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

First Trust Europe AlphaDEX Fund (NASDAQ:FEP)’s share price fell 0.1% during mid-day trading on Thursday . The company traded as low as $36.26 and last traded at $36.30. 14,051 shares traded hands during mid-day 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 Performance

The business’s 50 day moving average is $36.72 and its 200-day moving average is $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 business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.2853 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.14 dividend on an annualized basis and a yield of 3.14%. First Trust Europe AlphaDEX Fund’s dividend payout ratio is currently -218.18%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FEP. Sunbelt Securities Inc. purchased a new position in First Trust Europe AlphaDEX Fund in the 1st quarter valued at $33,000. Worth Asset Management LLC purchased a new position in First Trust Europe AlphaDEX Fund in the 1st quarter valued at $33,000. AlphaMark Advisors LLC lifted its holdings in First Trust Europe AlphaDEX Fund by 37.2% in the 3rd quarter. AlphaMark Advisors LLC now owns 1,290 shares of the company’s stock valued at $43,000 after purchasing an additional 350 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in First Trust Europe AlphaDEX Fund by 180.9% in the 2nd 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 in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in First Trust Europe AlphaDEX Fund by 84.3% in the 4th 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 in 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.