First Trust Europe AlphaDEX Fund (NASDAQ:FEP) Reaches New 52-Week High – Here’s Why

Posted by Geri Gentry on May 26th, 2026

First Trust Europe AlphaDEX Fund (NASDAQ:FEP – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $60.02 and last traded at $59.87, with a volume of 7537 shares. The stock had previously closed at $59.11.

First Trust Europe AlphaDEX Fund Trading Up 1.2%

The business has a fifty day simple moving average of $56.73 and a 200 day simple moving average of $55.35. The stock has a market capitalization of $526.58 million, a P/E ratio of -90.15 and a beta of 0.90.

First Trust Europe AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.0762 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. First Trust Europe AlphaDEX Fund’s dividend payout ratio is currently -265.15%.

Hedge Funds Weigh In On First Trust Europe AlphaDEX Fund

Several institutional investors have recently modified their holdings of FEP. First Trust Advisors LP bought a new position in shares of First Trust Europe AlphaDEX Fund in the fourth quarter valued at approximately $38,048,000. Citadel Advisors LLC bought a new position in shares of First Trust Europe AlphaDEX Fund in the third quarter valued at approximately $3,366,000. &PARTNERS grew its holdings in shares of First Trust Europe AlphaDEX Fund by 398.2% in the fourth quarter. &PARTNERS now owns 72,684 shares of the company’s stock valued at $3,907,000 after acquiring an additional 58,096 shares in the last quarter. LPL Financial LLC grew its holdings in shares of First Trust Europe AlphaDEX Fund by 9.0% in the fourth quarter. LPL Financial LLC now owns 508,290 shares of the company’s stock valued at $27,323,000 after acquiring an additional 41,941 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of First Trust Europe AlphaDEX Fund by 125.7% in the second quarter. Bank of America Corp DE now owns 71,126 shares of the company’s stock valued at $3,400,000 after acquiring an additional 39,606 shares in the last quarter.

About First Trust Europe AlphaDEX Fund

(Get Free Report)

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.