First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 1-Year High – What’s Next?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $140.08 and last traded at $140.2540, with a volume of 14158 shares traded. The stock had previously closed at $139.03.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The business has a fifty day simple moving average of $131.22 and a 200-day simple moving average of $123.12. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 13.79 and a beta of 1.06.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.2029 dividend. This represents a $0.81 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Hedge Funds Weigh In On First Trust Small Cap Core AlphaDEX Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Western Wealth Management LLC increased its holdings in First Trust Small Cap Core AlphaDEX Fund by 7.5% in the 1st quarter. Western Wealth Management LLC now owns 29,514 shares of the company’s stock worth $3,523,000 after purchasing an additional 2,071 shares in the last quarter. Royal Bank of Canada increased its holdings in First Trust Small Cap Core AlphaDEX Fund by 17.2% in the 1st quarter. Royal Bank of Canada now owns 708,400 shares of the company’s stock worth $84,550,000 after purchasing an additional 103,921 shares in the last quarter. Gateway Wealth Partners LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund in the 1st quarter worth about $276,000. MTM Investment Management LLC increased its holdings in First Trust Small Cap Core AlphaDEX Fund by 1.7% in the 1st quarter. MTM Investment Management LLC now owns 36,261 shares of the company’s stock worth $4,328,000 after purchasing an additional 621 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund in the 1st quarter worth about $307,000.

First Trust Small Cap Core AlphaDEX Fund Company Profile

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.