First Trust Japan AlphaDEX Fund (NASDAQ:FJP) Stock Price Down 0.1%

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) fell 0.1% during trading on Thursday . The company traded as low as $52.22 and last traded at $52.35. 6,031 shares traded hands during trading, a decline of 64% from the average session volume of 16,792 shares. The stock had previously closed at $52.41.

First Trust Japan AlphaDEX Fund Stock Down 0.1 %

The firm has a market cap of $201.55 million, a price-to-earnings ratio of 6.51 and a beta of 0.67. The stock’s 50 day moving average is $53.72 and its 200 day moving average is $51.32.

First Trust Japan AlphaDEX Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.2998 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Investors Weigh In On First Trust Japan AlphaDEX Fund

Institutional investors have recently modified their holdings of the stock. ABLE Financial Group LLC acquired a new stake in shares of First Trust Japan AlphaDEX Fund during the 3rd quarter valued at $202,000. Raymond James & Associates lifted its stake in shares of First Trust Japan AlphaDEX Fund by 180.1% in the 3rd quarter. Raymond James & Associates now owns 15,381 shares of the company’s stock valued at $765,000 after purchasing an additional 9,889 shares during the last quarter. Orion Portfolio Solutions LLC lifted its stake in shares of First Trust Japan AlphaDEX Fund by 36.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,427 shares of the company’s stock valued at $369,000 after purchasing an additional 2,002 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of First Trust Japan AlphaDEX Fund in the 3rd quarter valued at $1,563,000. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in shares of First Trust Japan AlphaDEX Fund by 73.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 17,165 shares of the company’s stock valued at $854,000 after purchasing an additional 7,296 shares during the last quarter.

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.