First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 52-Week High – Here’s Why

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $136.82 and last traded at $136.1310, with a volume of 848 shares changing hands. The stock had previously closed at $134.45.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The company’s 50-day simple moving average is $129.74 and its two-hundred day simple moving average is $122.26. The firm has a market cap of $1.23 billion, a PE ratio of 13.79 and a beta of 1.06.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.2029 dividend. This represents a $0.81 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, March 26th.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

A number of institutional investors and hedge funds have recently bought and sold shares of FYX. NBT Bank N A NY lifted its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 127.4% during the 1st quarter. NBT Bank N A NY now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 144 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in First Trust Small Cap Core AlphaDEX Fund by 67.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 405 shares of the company’s stock valued at $46,000 after buying an additional 163 shares during the period. Sound Income Strategies LLC bought a new stake in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter valued at approximately $161,000. Sagespring Wealth Partners LLC bought a new stake in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter valued at approximately $203,000. Finally, Wedbush Securities Inc. bought a new stake in First Trust Small Cap Core AlphaDEX Fund during the third quarter valued at approximately $205,000.

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.