First Trust China AlphaDEX Fund (NASDAQ:FCA) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

First Trust China AlphaDEX Fund (NASDAQ:FCAGet Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $27.71 and traded as low as $27.50. First Trust China AlphaDEX Fund shares last traded at $27.38, with a volume of 2,272 shares traded.

First Trust China AlphaDEX Fund Price Performance

The company has a fifty day simple moving average of $27.66 and a two-hundred day simple moving average of $30.71. The company has a market capitalization of $32.56 million, a P/E ratio of 9.26 and a beta of 0.43.

First Trust China AlphaDEX Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued 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 5.9%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FCA. Compass Financial Management LLC acquired a new stake in First Trust China AlphaDEX Fund in the 2nd quarter worth approximately $40,000. First Trust Advisors LP raised its position in shares of First Trust China AlphaDEX Fund by 52.2% in the first quarter. First Trust Advisors LP now owns 2,038,422 shares of the company’s stock valued at $63,884,000 after purchasing an additional 699,253 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of First Trust China AlphaDEX Fund by 25.9% in the first quarter. Kestra Advisory Services LLC now owns 6,809 shares of the company’s stock worth $213,000 after buying an additional 1,400 shares during the last quarter. &PARTNERS acquired a new stake in shares of First Trust China AlphaDEX Fund in the fourth quarter worth $2,970,000. Finally, StoneX Group Inc. boosted its holdings in shares of First Trust China AlphaDEX Fund by 495.8% during the 4th quarter. StoneX Group Inc. now owns 50,473 shares of the company’s stock worth $1,427,000 after buying an additional 42,001 shares during the period.

First Trust China AlphaDEX Fund Company Profile

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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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