First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Trading Down 0.9% – Here’s What Happened

Shares of First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) fell 0.9% on Wednesday . The stock traded as low as $103.42 and last traded at $103.66. 19,761 shares were traded during trading, a decline of 33% from the average session volume of 29,612 shares. The stock had previously closed at $104.61.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The firm has a 50-day moving average of $104.55 and a 200-day moving average of $100.25. The firm has a market capitalization of $983.18 million, a P/E ratio of 11.51 and a beta of 1.27.

First Trust Small Cap Core AlphaDEX Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.6219 dividend. The ex-dividend date was Friday, December 13th.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its position in shares of First Trust Small Cap Core AlphaDEX Fund by 3.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 275,535 shares of the company’s stock valued at $27,846,000 after acquiring an additional 8,600 shares during the period. Wealth Alliance Advisory Group LLC increased its holdings in First Trust Small Cap Core AlphaDEX Fund by 1.6% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 124,938 shares of the company’s stock valued at $12,435,000 after purchasing an additional 1,928 shares during the period. Main Line Retirement Advisors LLC raised its position in First Trust Small Cap Core AlphaDEX Fund by 6.0% during the 3rd quarter. Main Line Retirement Advisors LLC now owns 118,201 shares of the company’s stock valued at $11,765,000 after purchasing an additional 6,685 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in First Trust Small Cap Core AlphaDEX Fund by 32.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 86,637 shares of the company’s stock worth $8,623,000 after buying an additional 21,401 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of First Trust Small Cap Core AlphaDEX Fund by 1.6% in the 2nd quarter. NewEdge Advisors LLC now owns 79,845 shares of the company’s stock worth $7,223,000 after buying an additional 1,245 shares during the last quarter.

About First Trust Small Cap Core AlphaDEX Fund

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.