First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 52-Week Low – What’s Next?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $85.53 and last traded at $85.53, with a volume of 9991 shares traded. The stock had previously closed at $91.95.

First Trust Small Cap Core AlphaDEX Fund Price Performance

The company has a 50 day simple moving average of $96.94 and a 200-day simple moving average of $100.54. The stock has a market capitalization of $789.45 million, a P/E ratio of 14.28 and a beta of 1.27.

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

Institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth about $44,857,000. LPL Financial LLC raised its stake in First Trust Small Cap Core AlphaDEX Fund by 13.9% in the fourth quarter. LPL Financial LLC now owns 594,657 shares of the company’s stock valued at $60,096,000 after purchasing an additional 72,392 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 49.6% in the 4th quarter. JPMorgan Chase & Co. now owns 129,585 shares of the company’s stock worth $13,096,000 after buying an additional 42,948 shares during the last quarter. Independent Advisor Alliance purchased a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the 4th quarter valued at $3,672,000. Finally, Virtu Financial LLC lifted its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 201.6% during the 3rd quarter. Virtu Financial LLC now owns 36,144 shares of the company’s stock worth $3,597,000 after acquiring an additional 24,159 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.