First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Trading 1.5% Higher – Here’s What Happened

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) traded up 1.5% on Tuesday . The stock traded as high as $135.08 and last traded at $134.83. 20,907 shares were traded during mid-day trading, a decline of 41% from the average session volume of 35,377 shares. The stock had previously closed at $132.87.

First Trust Small Cap Core AlphaDEX Fund Stock Up 1.5%

The company’s fifty day simple moving average is $126.81 and its two-hundred day simple moving average is $120.56. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 13.79 and a beta of 1.08.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.2029 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.81 annualized dividend and a yield of 0.6%.

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

Hedge funds have recently bought and sold shares of the company. NBT Bank N A NY raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 127.4% in the first quarter. NBT Bank N A NY now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 144 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 67.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 405 shares of the company’s stock worth $46,000 after acquiring an additional 163 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the fourth quarter worth $161,000. Beto Financial Group LLC acquired a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the fourth quarter worth $216,000. Finally, Sagespring Wealth Partners LLC acquired a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the fourth quarter worth $203,000.

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.