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

Shares of First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) were 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 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 firm has a fifty day simple moving average of $23.13 and a 200-day simple moving average of $21.99. The company has a market cap of $425.64 million, a PE ratio of 4.81 and a beta of 0.79.

First Trust Emerging Markets AlphaDEX Fund Announces Dividend

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

Institutional Trading of First Trust Emerging Markets AlphaDEX Fund

Several institutional investors and hedge funds have recently bought and sold shares of FEM. Blue Trust Inc. acquired a new stake in First Trust Emerging Markets AlphaDEX Fund during the 4th quarter worth approximately $63,000. Tidemark LLC acquired a new stake in shares of First Trust Emerging Markets AlphaDEX Fund during the fourth quarter worth $124,000. Global Retirement Partners LLC grew its position in First Trust Emerging Markets AlphaDEX Fund by 1,198.0% in the 3rd quarter. Global Retirement Partners LLC now owns 7,217 shares of the company’s stock valued at $147,000 after buying an additional 6,661 shares during the last quarter. NBC Securities Inc. acquired a new position in First Trust Emerging Markets AlphaDEX Fund in the 3rd quarter valued at $162,000. Finally, Fisher Asset Management LLC purchased a new position in First Trust Emerging Markets AlphaDEX Fund during the 4th quarter worth $236,000.

About First Trust Emerging Markets AlphaDEX Fund

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.