First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Shares Down 0.3% – Here’s What Happened

Shares of First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) were down 0.3% during mid-day trading on Thursday . The stock traded as low as $75.92 and last traded at $76.18. Approximately 6,398 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 20,647 shares. The stock had previously closed at $76.43.

First Trust Small Cap Growth AlphaDEX Fund Trading Down 0.3 %

The company has a 50 day simple moving average of $71.91 and a 200 day simple moving average of $68.11. The stock has a market capitalization of $350.43 million, a PE ratio of 15.06 and a beta of 1.19.

First Trust Small Cap Growth AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.344 per share. This represents a $1.38 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Thursday, September 26th. This is a boost from First Trust Small Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.07.

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

A number of large investors have recently bought and sold shares of FYC. Comerica Bank lifted its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 28.7% in the 1st quarter. Comerica Bank now owns 924 shares of the company’s stock valued at $61,000 after buying an additional 206 shares during the period. International Assets Investment Management LLC purchased a new position in First Trust Small Cap Growth AlphaDEX Fund in the second quarter worth $135,000. Truist Financial Corp acquired a new stake in First Trust Small Cap Growth AlphaDEX Fund in the second quarter valued at $214,000. 49 Wealth Management LLC purchased a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund during the 1st quarter worth $268,000. Finally, Cetera Advisors LLC grew its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 32.7% during the 1st quarter. Cetera Advisors LLC now owns 4,542 shares of the company’s stock worth $298,000 after purchasing an additional 1,118 shares during the period.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.