First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Stock Price Up 1.8%

Shares of First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) shot up 1.8% on Thursday . The company traded as high as $53.35 and last traded at $53.35. 16,793 shares traded hands during trading, a decline of 2% from the average session volume of 17,133 shares. The stock had previously closed at $52.40.

First Trust Small Cap Value AlphaDEX Fund Stock Up 1.8 %

The firm has a 50-day moving average of $53.27 and a two-hundred day moving average of $52.79. The stock has a market capitalization of $170.72 million, a price-to-earnings ratio of 9.68 and a beta of 1.37.

First Trust Small Cap Value AlphaDEX Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.2373 per share. This represents a $0.95 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Investors Weigh In On First Trust Small Cap Value AlphaDEX Fund

Institutional investors have recently made changes to their positions in the company. Accordant Advisory Group Inc bought a new position in shares of First Trust Small Cap Value AlphaDEX Fund in the 1st quarter valued at approximately $54,000. GAMMA Investing LLC bought a new stake in shares of First Trust Small Cap Value AlphaDEX Fund in the 2nd quarter worth approximately $65,000. Tidemark LLC bought a new position in First Trust Small Cap Value AlphaDEX Fund in the fourth quarter worth $103,000. International Assets Investment Management LLC acquired a new stake in shares of First Trust Small Cap Value AlphaDEX Fund during the 2nd quarter valued at about $184,000. Finally, 9258 Wealth Management LLC acquired a new stake in First Trust Small Cap Value AlphaDEX Fund during the first quarter valued at approximately $204,000.

First Trust Small Cap Value AlphaDEX Fund Company Profile

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.