First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sees Strong Trading Volume – Here’s Why

Shares of First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) saw unusually-high trading volume on Tuesday . Approximately 18,219 shares were traded during mid-day trading, a decline of 26% from the previous session’s volume of 24,638 shares.The stock last traded at $104.5750 and had previously closed at $107.62.

First Trust Small Cap Core AlphaDEX Fund Stock Up 0.1%

The company has a market cap of $863.17 million, a price-to-earnings ratio of 13.79 and a beta of 1.14. The company’s fifty day moving average price is $109.24 and its two-hundred day moving average price is $102.10.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.2692 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.08 annualized dividend and a dividend yield of 1.0%. This is an increase from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.08.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

A number of large investors have recently added to or reduced their stakes in FYX. LPL Financial LLC boosted its position in First Trust Small Cap Core AlphaDEX Fund by 1.4% during the first quarter. LPL Financial LLC now owns 602,895 shares of the company’s stock worth $54,315,000 after purchasing an additional 8,238 shares during the period. UBS Group AG grew its position in First Trust Small Cap Core AlphaDEX Fund by 35.7% during the 3rd quarter. UBS Group AG now owns 291,171 shares of the company’s stock worth $31,732,000 after acquiring an additional 76,615 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 183.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 168,836 shares of the company’s stock valued at $16,424,000 after acquiring an additional 109,171 shares during the last quarter. Cetera Investment Advisers raised its position in shares of First Trust Small Cap Core AlphaDEX Fund by 43.0% during the first quarter. Cetera Investment Advisers now owns 139,804 shares of the company’s stock worth $12,595,000 after acquiring an additional 42,061 shares during the last quarter. Finally, Main Line Retirement Advisors LLC lifted its holdings in First Trust Small Cap Core AlphaDEX Fund by 0.6% in the first quarter. Main Line Retirement Advisors LLC now owns 113,690 shares of the company’s stock valued at $10,242,000 after buying an additional 637 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.