First Trust China AlphaDEX Fund (NASDAQ:FCA) Stock Price Down 1% – Here’s What Happened

First Trust China AlphaDEX Fund (NASDAQ:FCA)’s share price fell 1% during trading on Monday . The company traded as low as $32.44 and last traded at $32.54. 35,514 shares were traded during trading, a decline of 30% from the average session volume of 50,872 shares. The stock had previously closed at $32.87.

First Trust China AlphaDEX Fund Price Performance

The firm has a market cap of $110.64 million, a price-to-earnings ratio of 9.26 and a beta of 0.43. The business has a 50-day moving average of $32.58 and a 200-day moving average of $30.83.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in shares of First Trust China AlphaDEX Fund in the 3rd quarter valued at approximately $69,000. Kestra Advisory Services LLC bought a new stake in First Trust China AlphaDEX Fund during the fourth quarter worth $153,000. StoneX Group Inc. bought a new stake in First Trust China AlphaDEX Fund during the second quarter worth $204,000. GeoWealth Management LLC acquired a new stake in First Trust China AlphaDEX Fund in the third quarter valued at $587,000. Finally, Avestar Capital LLC lifted its stake in First Trust China AlphaDEX Fund by 33.1% in the third quarter. Avestar Capital LLC now owns 20,440 shares of the company’s stock valued at $592,000 after acquiring an additional 5,084 shares during the last quarter.

First Trust China AlphaDEX Fund Company Profile

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.