First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) Shares Up 1%

First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) shot up 1% during mid-day trading on Monday . The company traded as high as $122.63 and last traded at $122.63. 982 shares traded hands during trading, a decline of 78% from the average session volume of 4,464 shares. The stock had previously closed at $121.39.

First Trust MultiCap Growth AlphaDEX Fund Price Performance

The company has a market capitalization of $190.07 million, a PE ratio of 18.90 and a beta of 1.10. The company’s fifty day moving average is $120.87 and its 200-day moving average is $117.44.

First Trust MultiCap Growth AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a $0.064 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.21%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Trading of First Trust MultiCap Growth AlphaDEX Fund

Several hedge funds have recently modified their holdings of the company. Cetera Advisors LLC boosted its position in shares of First Trust MultiCap Growth AlphaDEX Fund by 37.6% in the 1st quarter. Cetera Advisors LLC now owns 3,021 shares of the company’s stock worth $376,000 after purchasing an additional 826 shares in the last quarter. Private Advisor Group LLC boosted its holdings in First Trust MultiCap Growth AlphaDEX Fund by 3.1% in the first quarter. Private Advisor Group LLC now owns 16,253 shares of the company’s stock worth $2,025,000 after acquiring an additional 484 shares in the last quarter. Kowal Investment Group LLC boosted its stake in First Trust MultiCap Growth AlphaDEX Fund by 0.6% in the 1st quarter. Kowal Investment Group LLC now owns 27,368 shares of the company’s stock worth $3,410,000 after purchasing an additional 153 shares in the last quarter. Willner & Heller LLC purchased a new stake in shares of First Trust MultiCap Growth AlphaDEX Fund during the fourth quarter valued at $453,000. Finally, NBC Securities Inc. grew its stake in First Trust MultiCap Growth AlphaDEX Fund by 11.9% during the 4th quarter. NBC Securities Inc. now owns 4,530 shares of the company’s stock valued at $508,000 after purchasing an additional 481 shares during the last quarter.

About First Trust MultiCap Growth AlphaDEX Fund

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.