First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Shares Up 2.6% – Time to Buy?

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) shares traded up 2.6% during trading on Thursday . The company traded as high as $30.36 and last traded at $30.36. 8 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 999 shares. The stock had previously closed at $29.60.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Trading Up 2.6 %

The firm’s fifty day moving average price is $29.78 and its 200-day moving average price is $28.61. The firm has a market cap of $15.18 million, a price-to-earnings ratio of 8.69 and a beta of 1.00.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.2028 per share. This represents a $0.81 annualized dividend and a yield of 2.67%. The ex-dividend date was Thursday, September 26th.

Institutional Trading of First Trust Asia Pacific ex-Japan AlphaDEX Fund

A hedge fund recently bought a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund stock. Walker Asset Management LLC acquired a new position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 6,946 shares of the company’s stock, valued at approximately $212,000. Walker Asset Management LLC owned 1.39% of First Trust Asia Pacific ex-Japan AlphaDEX Fund at the end of the most recent quarter.

About First Trust Asia Pacific ex-Japan AlphaDEX Fund

The First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA) is an exchange-traded fund that mostly invests in total market equity. The fund selects and weights 100 stocks from the S&P Asia Pacific Ex-Japan BMI Index based on their growth and value factors. FPA was launched on Apr 18, 2011 and is managed by First Trust.