Advisor Group Inc. lifted its position in shares of First Trust Mult Cap Grwth Alp Fnd (NASDAQ:FAD) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,414 shares of the company’s stock after buying an additional 4,553 shares during the quarter. Advisor Group Inc.’s holdings in First Trust Mult Cap Grwth Alp Fnd were worth $5,016,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of FAD. Raymond James Financial Services Advisors Inc. grew its holdings in First Trust Mult Cap Grwth Alp Fnd by 24.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 38,405 shares of the company’s stock valued at $2,521,000 after purchasing an additional 7,616 shares during the period. D.A. Davidson & CO. acquired a new position in shares of First Trust Mult Cap Grwth Alp Fnd during the fourth quarter worth $220,000. IFP Advisors Inc lifted its position in shares of First Trust Mult Cap Grwth Alp Fnd by 5.3% during the fourth quarter. IFP Advisors Inc now owns 43,264 shares of the company’s stock worth $2,840,000 after purchasing an additional 2,195 shares in the last quarter. Bellwether Investment Group LLC lifted its position in shares of First Trust Mult Cap Grwth Alp Fnd by 128.1% during the fourth quarter. Bellwether Investment Group LLC now owns 11,106 shares of the company’s stock worth $221,000 after purchasing an additional 6,237 shares in the last quarter. Finally, V Wealth Management LLC raised its holdings in First Trust Mult Cap Grwth Alp Fnd by 16.9% in the fourth quarter. V Wealth Management LLC now owns 7,888 shares of the company’s stock valued at $534,000 after acquiring an additional 1,140 shares in the last quarter.

How to Become a New Pot Stock Millionaire

First Trust Mult Cap Grwth Alp Fnd (NASDAQ FAD) opened at $70.97 on Monday. First Trust Mult Cap Grwth Alp Fnd has a 12-month low of $54.62 and a 12-month high of $70.97.

COPYRIGHT VIOLATION NOTICE: This news story was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another website, it was illegally stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2018/03/12/advisor-group-inc-increases-holdings-in-first-trust-mult-cap-grwth-alp-fnd-fad.html.

First Trust Mult Cap Grwth Alp Fnd Profile

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.

Want to see what other hedge funds are holding FAD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Mult Cap Grwth Alp Fnd (NASDAQ:FAD).

Institutional Ownership by Quarter for First Trust Mult Cap Grwth Alp Fnd (NASDAQ:FAD)

Receive News & Ratings for First Trust Mult Cap Grwth Alp Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Mult Cap Grwth Alp Fnd and related companies with MarketBeat.com's FREE daily email newsletter.