First Trust Japan AlphaDEX Fund (NASDAQ:FJP) Trading 0.2% Higher

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) traded up 0.2% during trading on Thursday . The stock traded as high as $53.16 and last traded at $52.99. 6,121 shares were traded during mid-day trading, a decline of 61% from the average session volume of 15,698 shares. The stock had previously closed at $52.91.

First Trust Japan AlphaDEX Fund Stock Performance

The stock has a 50-day moving average price of $53.78 and a two-hundred day moving average price of $51.76. The stock has a market capitalization of $204.01 million, a PE ratio of 7.05 and a beta of 0.67.

First Trust Japan 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 issued a dividend of $0.2998 per share. This represents a $1.20 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Holistic Financial Partners boosted its stake in shares of First Trust Japan AlphaDEX Fund by 0.5% in the fourth quarter. Holistic Financial Partners now owns 49,229 shares of the company’s stock worth $2,481,000 after acquiring an additional 238 shares during the period. Atria Wealth Solutions Inc. lifted its holdings in First Trust Japan AlphaDEX Fund by 3.0% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 8,680 shares of the company’s stock worth $432,000 after purchasing an additional 254 shares in the last quarter. Principal Securities Inc. bought a new position in First Trust Japan AlphaDEX Fund in the 4th quarter worth approximately $30,000. Envestnet Portfolio Solutions Inc. grew its holdings in First Trust Japan AlphaDEX Fund by 4.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,454 shares of the company’s stock valued at $728,000 after buying an additional 662 shares in the last quarter. Finally, NBC Securities Inc. bought a new stake in shares of First Trust Japan AlphaDEX Fund during the third quarter valued at approximately $43,000.

About First Trust Japan AlphaDEX Fund

The First Trust Japan AlphaDEX Fund (FJP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Japan index. The fund tracks a tiered equal-weighted index of Japanese equities selected using both growth and value screens. FJP was launched on Apr 18, 2011 and is managed by First Trust.