First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Stock Price Down 0.5% – Time to Sell?

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) shares fell 0.5% during mid-day trading on Monday . The stock traded as low as $67.28 and last traded at $67.35. 5,075 shares traded hands during trading, a decline of 73% from the average session volume of 19,043 shares. The stock had previously closed at $67.66.

First Trust Small Cap Value AlphaDEX Fund Price Performance

The stock’s fifty day moving average price is $66.20 and its 200-day moving average price is $62.69. The firm has a market cap of $188.86 million, a PE ratio of 10.91 and a beta of 0.98.

Institutional Trading of First Trust Small Cap Value AlphaDEX Fund

Large investors have recently bought and sold shares of the business. Sound Income Strategies LLC acquired a new stake in First Trust Small Cap Value AlphaDEX Fund in the 4th quarter valued at about $44,000. JPMorgan Chase & Co. boosted its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 32.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 923 shares of the company’s stock worth $52,000 after purchasing an additional 225 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of First Trust Small Cap Value AlphaDEX Fund in the first quarter valued at approximately $60,000. Corient Private Wealth LLC purchased a new stake in shares of First Trust Small Cap Value AlphaDEX Fund in the fourth quarter valued at approximately $202,000. Finally, Level Four Advisory Services LLC purchased a new stake in shares of First Trust Small Cap Value AlphaDEX Fund in the third quarter valued at approximately $201,000.

About First Trust Small Cap Value AlphaDEX Fund

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.