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

First Trust Japan AlphaDEX Fund (NASDAQ:FJP)’s share price shot up 0.2% during mid-day trading on Thursday . The company traded as high as $53.16 and last traded at $52.99. 6,121 shares traded hands during 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 company has a market capitalization of $204.01 million, a price-to-earnings ratio of 7.05 and a beta of 0.67. The company has a 50 day moving average price of $53.78 and a 200 day moving average price of $51.76.

First Trust Japan AlphaDEX Fund Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date was Thursday, March 21st. This represents a $1.20 annualized dividend and a yield of 2.26%.

Institutional Trading of First Trust Japan AlphaDEX Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FJP. Holistic Financial Partners boosted its holdings in First Trust Japan AlphaDEX Fund by 0.5% during the fourth quarter. Holistic Financial Partners now owns 49,229 shares of the company’s stock worth $2,481,000 after purchasing an additional 238 shares during the last quarter. Atria Wealth Solutions Inc. increased its position in shares of First Trust Japan AlphaDEX Fund by 3.0% during the third quarter. Atria Wealth Solutions Inc. now owns 8,680 shares of the company’s stock valued at $432,000 after acquiring an additional 254 shares during the last quarter. Principal Securities Inc. purchased a new stake in shares of First Trust Japan AlphaDEX Fund during the fourth quarter valued at approximately $30,000. Envestnet Portfolio Solutions Inc. lifted its holdings in First Trust Japan AlphaDEX Fund by 4.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,454 shares of the company’s stock worth $728,000 after acquiring an additional 662 shares during the period. Finally, NBC Securities Inc. bought a new position in First Trust Japan AlphaDEX Fund in the 3rd quarter valued at $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.