First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Trading Down 0.8% – Should You Sell?

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) shares fell 0.8% on Thursday . The stock traded as low as $97.72 and last traded at $97.84. 2,702 shares were traded during trading, a decline of 0% from the average session volume of 2,703 shares. The stock had previously closed at $98.63.

First Trust Multi Cap Value AlphaDEX Fund Trading Up 0.1%

The stock has a fifty day moving average of $96.12 and a 200-day moving average of $92.61. The firm has a market capitalization of $137.10 million, a price-to-earnings ratio of 11.94 and a beta of 0.89.

First Trust Multi Cap Value AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.3634 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.45 dividend on an annualized basis and a yield of 1.5%.

Institutional Trading of First Trust Multi Cap Value AlphaDEX Fund

A number of hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in shares of First Trust Multi Cap Value AlphaDEX Fund in the fourth quarter worth about $25,000. Anchor Investment Management LLC purchased a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund in the 1st quarter valued at approximately $33,000. Geneos Wealth Management Inc. lifted its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 155.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $51,000 after acquiring an additional 382 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in First Trust Multi Cap Value AlphaDEX Fund in the 4th quarter worth approximately $53,000. Finally, Sound Income Strategies LLC acquired a new position in First Trust Multi Cap Value AlphaDEX Fund in the 4th quarter worth approximately $83,000.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.