First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Shares Up 1.3% – Should You Buy?

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) shot up 1.3% during mid-day trading on Friday . The stock traded as high as $37.98 and last traded at $37.78. 8,503 shares traded hands during trading, a decline of 71% from the average session volume of 29,773 shares. The stock had previously closed at $37.31.

First Trust United Kingdom AlphaDEX Fund Stock Up 1.3 %

The firm has a market capitalization of $64.23 million, a PE ratio of 12.45 and a beta of 1.18. The stock’s fifty day simple moving average is $38.73 and its 200 day simple moving average is $39.66.

First Trust United Kingdom AlphaDEX Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.6439 dividend. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

A hedge fund recently raised its stake in First Trust United Kingdom AlphaDEX Fund stock. Quantinno Capital Management LP lifted its position in First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) by 15.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,995 shares of the company’s stock after purchasing an additional 1,477 shares during the period. Quantinno Capital Management LP owned about 0.58% of First Trust United Kingdom AlphaDEX Fund worth $460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

First Trust United Kingdom AlphaDEX Fund Company Profile

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.