First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sets New 52-Week Low – Here’s Why

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $85.53 and last traded at $85.53, with a volume of 9991 shares traded. The stock had previously closed at $91.95.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The company has a market capitalization of $754.95 million, a price-to-earnings ratio of 14.28 and a beta of 1.27. The company has a 50-day moving average price of $96.13 and a 200-day moving average price of $100.33.

Institutional Investors Weigh In On First Trust Small Cap Core AlphaDEX Fund

Large investors have recently bought and sold shares of the company. Synergy Investment Management LLC acquired a new position in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter valued at $54,000. Mpwm Advisory Solutions LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund in the fourth quarter valued at about $58,000. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the third quarter worth about $85,000. FMR LLC raised its position in shares of First Trust Small Cap Core AlphaDEX Fund by 111.4% during the third quarter. FMR LLC now owns 892 shares of the company’s stock worth $89,000 after purchasing an additional 470 shares during the period. Finally, Capital A Wealth Management LLC bought a new position in shares of First Trust Small Cap Core AlphaDEX Fund during the 4th quarter valued at about $109,000.

About First Trust Small Cap Core AlphaDEX Fund

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.