Shares of First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX – Get Free Report) saw strong trading volume on Thursday . 10,507 shares changed hands during trading, a decline of 65% from the previous session’s volume of 29,660 shares.The stock last traded at $114.94 and had previously closed at $114.54.
First Trust Mid Cap Core AlphaDEX Fund Stock Performance
The company has a fifty day simple moving average of $109.74 and a 200 day simple moving average of $107.58. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 13.43 and a beta of 1.20.
First Trust Mid Cap Core AlphaDEX Fund Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a $0.3468 dividend. This is a positive change from First Trust Mid Cap Core AlphaDEX Fund’s previous dividend of $0.17. The ex-dividend date was Thursday, June 27th.
Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its holdings in First Trust Mid Cap Core AlphaDEX Fund by 97.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 528 shares of the company’s stock worth $55,000 after acquiring an additional 261 shares during the period. Principal Securities Inc. bought a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund during the 4th quarter valued at about $84,000. GAMMA Investing LLC acquired a new stake in First Trust Mid Cap Core AlphaDEX Fund during the second quarter worth approximately $101,000. BKM Wealth Management LLC bought a new stake in First Trust Mid Cap Core AlphaDEX Fund in the fourth quarter worth approximately $185,000. Finally, M3 Advisory Group LLC acquired a new position in First Trust Mid Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $201,000.
About First Trust Mid Cap Core AlphaDEX Fund
The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.
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