First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sets New 12-Month High – Should You Buy?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $132.65 and last traded at $132.52, with a volume of 94830 shares. The stock had previously closed at $131.61.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The company has a 50-day moving average price of $122.55 and a 200-day moving average price of $117.07. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 13.79 and a beta of 1.06.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.2029 dividend. This represents a $0.81 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Aspen Capital Management LLC purchased a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 3rd quarter valued at about $215,000. Belpointe Asset Management LLC lifted its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 7.1% in the 3rd quarter. Belpointe Asset Management LLC now owns 4,440 shares of the company’s stock valued at $484,000 after purchasing an additional 295 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 4.2% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 4,890 shares of the company’s stock valued at $533,000 after purchasing an additional 195 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 19.8% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 7,347 shares of the company’s stock valued at $801,000 after purchasing an additional 1,213 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 13.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 15,528 shares of the company’s stock valued at $1,692,000 after purchasing an additional 1,881 shares during the last quarter.

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.