First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Shares Down 1.7% – Should You Sell?

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC)’s stock price fell 1.7% on Wednesday . The stock traded as low as $119.38 and last traded at $119.58. 67,023 shares changed hands during trading, a decline of 5% from the average daily volume of 70,234 shares. The stock had previously closed at $121.66.

First Trust Small Cap Growth AlphaDEX Fund Stock Down 1.1%

The business’s 50-day simple moving average is $118.80 and its two-hundred day simple moving average is $108.17. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 20.27 and a beta of 1.16.

First Trust Small Cap Growth AlphaDEX Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.1297 dividend. This represents a $0.52 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Vista Investment Partners II LLC increased its stake in First Trust Small Cap Growth AlphaDEX Fund by 47.5% during the 4th quarter. Vista Investment Partners II LLC now owns 25,961 shares of the company’s stock worth $2,495,000 after buying an additional 8,362 shares during the period. Brookwood Investment Group LLC purchased a new position in First Trust Small Cap Growth AlphaDEX Fund in the 4th quarter valued at approximately $941,000. Echo Wealth Management LLC acquired a new position in shares of First Trust Small Cap Growth AlphaDEX Fund in the fourth quarter worth $431,000. New Wave Wealth Advisors LLC grew its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 1.2% in the fourth quarter. New Wave Wealth Advisors LLC now owns 108,354 shares of the company’s stock worth $10,415,000 after acquiring an additional 1,269 shares in the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund during the fourth quarter worth $197,000.

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.