First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 12-Month High – Still a Buy?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) hit a new 52-week high on Wednesday . The company traded as high as $105.15 and last traded at $105.14, with a volume of 200 shares. The stock had previously closed at $100.56.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The business has a 50 day moving average price of $98.49 and a two-hundred day moving average price of $94.84. The stock has a market cap of $979.77 million, a PE ratio of 11.51 and a beta of 1.27.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.516 dividend. This is an increase from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $2.06 annualized dividend and a yield of 1.94%.

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

Institutional investors have recently bought and sold shares of the company. US Bancorp DE raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 2.0% during the 3rd quarter. US Bancorp DE now owns 5,019 shares of the company’s stock valued at $500,000 after acquiring an additional 100 shares during the period. Truist Financial Corp raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 0.8% during the 2nd quarter. Truist Financial Corp now owns 16,316 shares of the company’s stock valued at $1,476,000 after acquiring an additional 134 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 6.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,492 shares of the company’s stock valued at $406,000 after acquiring an additional 285 shares during the period. Creative Planning raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 6.8% during the 3rd quarter. Creative Planning now owns 4,471 shares of the company’s stock valued at $445,000 after acquiring an additional 285 shares during the period. Finally, Comerica Bank raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 1.3% during the 1st quarter. Comerica Bank now owns 22,351 shares of the company’s stock valued at $2,084,000 after acquiring an additional 293 shares during the period.

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.