Shares of First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY – Get Free Report) saw unusually-strong trading volume on Wednesday . 77,665 shares were traded during mid-day trading, an increase of 178% from the previous session’s volume of 27,927 shares.The stock last traded at $110.0410 and had previously closed at $110.85.
First Trust Mid Cap Growth AlphaDEX Fund Stock Performance
The firm has a market capitalization of $563.18 million, a PE ratio of 24.50 and a beta of 1.20. The stock’s 50-day simple moving average is $103.72 and its 200-day simple moving average is $97.84.
Hedge Funds Weigh In On First Trust Mid Cap Growth AlphaDEX Fund
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Ascentis Independent Advisors bought a new position in First Trust Mid Cap Growth AlphaDEX Fund in the first quarter worth about $28,000. Western Wealth Management LLC purchased a new position in shares of First Trust Mid Cap Growth AlphaDEX Fund during the 1st quarter worth approximately $38,000. MidFirst Bank purchased a new position in shares of First Trust Mid Cap Growth AlphaDEX Fund during the 4th quarter worth approximately $52,000. Advisory Services Network LLC bought a new position in shares of First Trust Mid Cap Growth AlphaDEX Fund in the 3rd quarter worth approximately $192,000. Finally, Ashton Thomas Private Wealth LLC raised its position in shares of First Trust Mid Cap Growth AlphaDEX Fund by 4.2% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 2,729 shares of the company’s stock worth $249,000 after acquiring an additional 109 shares in the last quarter.
About First Trust Mid Cap Growth AlphaDEX Fund
The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Growth index. The fund tracks a tiered equal-weighted index of mid-cap growth stocks selected by AlphaDex selection methodology from the S&P 400 Index. FNY was launched on Apr 18, 2011 and is managed by First Trust.
Read More
- Five stocks we like better than First Trust Mid Cap Growth AlphaDEX Fund
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
- Hershey Stock May Be Near a Sweet Spot as Cocoa Pressure Eases
Receive News & Ratings for First Trust Mid Cap Growth AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Mid Cap Growth AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.
