First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Sees Strong Trading Volume – Here’s What Happened

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) saw unusually-strong trading volume on Friday . 241,892 shares were traded during mid-day trading, an increase of 231% from the previous session’s volume of 73,077 shares.The stock last traded at $121.87 and had previously closed at $121.14.

First Trust Small Cap Growth AlphaDEX Fund Trading Up 0.7%

The company’s fifty day moving average is $121.56 and its two-hundred day moving average is $111.02. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 20.27 and a beta of 1.17.

First Trust Small Cap Growth AlphaDEX Fund Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Blair William & Co. IL acquired a new stake in First Trust Small Cap Growth AlphaDEX Fund during the 4th quarter worth $31,000. JPMorgan Chase & Co. grew its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 80.4% during the third quarter. JPMorgan Chase & Co. now owns 873 shares of the company’s stock worth $79,000 after purchasing an additional 389 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 137.7% during the fourth quarter. NewEdge Advisors LLC now owns 915 shares of the company’s stock worth $88,000 after purchasing an additional 530 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund during the third quarter worth about $100,000. Finally, CWM LLC increased its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 19.9% during the fourth quarter. CWM LLC now owns 1,108 shares of the company’s stock worth $106,000 after purchasing an additional 184 shares in the last quarter.

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.