First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 1-Year High – What’s Next?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $141.11 and last traded at $141.1340, with a volume of 3683 shares changing hands. The stock had previously closed at $138.87.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The stock has a market capitalization of $1.27 billion, a P/E ratio of 13.79 and a beta of 1.06. The business has a fifty day simple moving average of $133.36 and a 200-day simple moving average of $124.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada increased its stake in First Trust Small Cap Core AlphaDEX Fund by 17.2% in the first quarter. Royal Bank of Canada now owns 708,400 shares of the company’s stock valued at $84,550,000 after purchasing an additional 103,921 shares in the last quarter. Main Line Retirement Advisors LLC acquired a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter valued at about $11,427,000. Janney Montgomery Scott LLC increased its position in First Trust Small Cap Core AlphaDEX Fund by 68.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 238,963 shares of the company’s stock valued at $27,037,000 after buying an additional 96,755 shares in the last quarter. UBS Group AG increased its position in First Trust Small Cap Core AlphaDEX Fund by 35.7% in the 3rd quarter. UBS Group AG now owns 291,171 shares of the company’s stock valued at $31,732,000 after buying an additional 76,615 shares in the last quarter. Finally, Crusonia Wealth Advisors LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth approximately $8,307,000.

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.