First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Stock Price Up 1.1% – What’s Next?

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) shares shot up 1.1% on Monday . The stock traded as high as $100.77 and last traded at $100.59. 8,513 shares were traded during trading, a decline of 66% from the average session volume of 25,106 shares. The stock had previously closed at $99.53.

First Trust Mid Cap Growth AlphaDEX Fund Price Performance

The company has a market cap of $568.33 million, a PE ratio of 24.50 and a beta of 1.19. The stock has a fifty day moving average price of $103.46 and a 200-day moving average price of $101.28.

Institutional Trading of First Trust Mid Cap Growth AlphaDEX Fund

A number of institutional investors and hedge funds have recently modified their holdings of FNY. NewEdge Advisors LLC grew its holdings in First Trust Mid Cap Growth AlphaDEX Fund by 3.3% in the 1st quarter. NewEdge Advisors LLC now owns 288,746 shares of the company’s stock valued at $26,128,000 after buying an additional 9,102 shares during the last quarter. Cetera Investment Advisers increased its holdings in First Trust Mid Cap Growth AlphaDEX Fund by 91.0% in the 1st quarter. Cetera Investment Advisers now owns 177,035 shares of the company’s stock valued at $16,019,000 after buying an additional 84,347 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in First Trust Mid Cap Growth AlphaDEX Fund by 36.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 52,503 shares of the company’s stock worth $4,788,000 after purchasing an additional 14,007 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of First Trust Mid Cap Growth AlphaDEX Fund by 0.8% in the 1st quarter. Royal Bank of Canada now owns 50,784 shares of the company’s stock worth $4,596,000 after buying an additional 413 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in First Trust Mid Cap Growth AlphaDEX Fund during the second quarter worth $3,880,000.

First Trust Mid Cap Growth AlphaDEX Fund Company Profile

The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Growth index. The fund tracks a tiered equal-weighted index of mid-cap growth stocks selected by AlphaDex selection methodology from the S&P 400 Index. FNY was launched on Apr 18, 2011 and is managed by First Trust.