First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Shares Up 0.7% – What’s Next?

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ – Get Free Report)’s stock price was up 0.7% during mid-day trading on Thursday. The stock traded as high as $63.82 and last traded at $63.7240. 185 shares were traded during trading, a decline of 98% from the average daily volume of 11,215 shares. The stock had previously closed at $63.29.

First Trust Eurozone AlphaDEX ETF Price Performance

The company has a market cap of $113.18 million, a PE ratio of 11.07 and a beta of 0.87. The stock has a fifty day moving average price of $65.50 and a 200-day moving average price of $65.97.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.4126 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $1.65 annualized dividend and a yield of 2.6%. This is a decrease from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $1.0851.

Hedge Funds Weigh In On First Trust Eurozone AlphaDEX ETF

Several institutional investors and hedge funds have recently bought and sold shares of FEUZ. Cottonwood Capital Advisors LLC lifted its holdings in First Trust Eurozone AlphaDEX ETF by 9.9% in the 3rd quarter. Cottonwood Capital Advisors LLC now owns 3,921 shares of the company’s stock worth $252,000 after purchasing an additional 353 shares during the last quarter. Royal Bank of Canada acquired a new position in First Trust Eurozone AlphaDEX ETF during the first quarter valued at approximately $46,000. Montag A & Associates Inc. acquired a new position in First Trust Eurozone AlphaDEX ETF during the first quarter valued at approximately $200,000. Rathbones Group PLC raised its position in shares of First Trust Eurozone AlphaDEX ETF by 8.6% in the first quarter. Rathbones Group PLC now owns 112,758 shares of the company’s stock valued at $7,021,000 after purchasing an additional 8,901 shares during the period. Finally, First Trust Advisors LP raised its position in shares of First Trust Eurozone AlphaDEX ETF by 52.4% in the first quarter. First Trust Advisors LP now owns 937,185 shares of the company’s stock valued at $58,359,000 after purchasing an additional 322,123 shares during the period.

About First Trust Eurozone AlphaDEX ETF

(Get Free Report)

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.

Further Reading

Receive News & Ratings for First Trust Eurozone AlphaDEX ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Eurozone AlphaDEX ETF and related companies with MarketBeat.com's FREE daily email newsletter.