First Trust Germany AlphaDEX Fund (NASDAQ:FGM) Stock Price Up 0.8%

First Trust Germany AlphaDEX Fund (NASDAQ:FGM) shares rose 0.8% during mid-day trading on Monday . The stock traded as high as $37.84 and last traded at $37.84. Approximately 534 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 1,402 shares. The stock had previously closed at $37.53.

First Trust Germany AlphaDEX Fund Stock Up 0.8 %

The company has a 50 day simple moving average of $39.63 and a 200-day simple moving average of $38.96. The stock has a market capitalization of $9.46 million, a price-to-earnings ratio of 7.67 and a beta of 1.11.

First Trust Germany AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.152 dividend. This represents a $0.61 annualized dividend and a yield of 1.61%. The ex-dividend date was Thursday, March 21st.

About First Trust Germany AlphaDEX Fund

The First Trust Germany AlphaDEX Fund (FGM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Germany index. The fund tracks a tiered equal-weighted index of 40 companies selected from the S&P Germany BMI based on the S&P’s AlphaDex selection methodology. FGM was launched on Feb 14, 2012 and is managed by First Trust.