First Trust China AlphaDEX Fund (NASDAQ:FCA) Stock Crosses Below 50 Day Moving Average – What’s Next?

Shares of First Trust China AlphaDEX Fund (NASDAQ:FCA – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $28.30 and traded as low as $27.45. First Trust China AlphaDEX Fund shares last traded at $27.53, with a volume of 17,036 shares.

First Trust China AlphaDEX Fund Stock Up 0.8%

The company’s 50 day simple moving average is $28.17 and its 200-day simple moving average is $30.96. The firm has a market cap of $33.14 million, a P/E ratio of 9.26 and a beta of 0.43.

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First Trust China AlphaDEX Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.4019 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 5.8%.

Institutional Investors Weigh In On First Trust China AlphaDEX Fund

Several large investors have recently modified their holdings of the business. Advisory Services Network LLC purchased a new position in shares of First Trust China AlphaDEX Fund in the 3rd quarter worth approximately $69,000. Kestra Advisory Services LLC acquired a new stake in First Trust China AlphaDEX Fund in the fourth quarter valued at approximately $153,000. StoneX Group Inc. acquired a new stake in First Trust China AlphaDEX Fund in the second quarter valued at approximately $204,000. GeoWealth Management LLC purchased a new position in First Trust China AlphaDEX Fund in the third quarter worth $587,000. Finally, Raymond James Financial Inc. grew its holdings in First Trust China AlphaDEX Fund by 12.7% in the third quarter. Raymond James Financial Inc. now owns 31,601 shares of the company’s stock worth $915,000 after purchasing an additional 3,557 shares during the last quarter.

First Trust China AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.

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