First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Stock Price Up 0.4%

Shares of First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) traded up 0.4% during mid-day trading on Thursday . The stock traded as high as $50.82 and last traded at $50.38. 8,764 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 16,252 shares. The stock had previously closed at $50.17.

First Trust Small Cap Value AlphaDEX Fund Stock Performance

The firm has a market cap of $184.44 million, a P/E ratio of 9.23 and a beta of 1.37. The stock’s 50-day moving average is $52.47 and its 200 day moving average is $50.69.

First Trust Small Cap Value AlphaDEX Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.122 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.49 annualized dividend and a dividend yield of 0.95%.

Hedge Funds Weigh In On First Trust Small Cap Value AlphaDEX Fund

Institutional investors have recently modified their holdings of the business. NBC Securities Inc. bought a new stake in First Trust Small Cap Value AlphaDEX Fund during the 3rd quarter worth approximately $32,000. Geneos Wealth Management Inc. acquired a new position in shares of First Trust Small Cap Value AlphaDEX Fund in the first quarter valued at approximately $72,000. Tidemark LLC bought a new stake in shares of First Trust Small Cap Value AlphaDEX Fund during the fourth quarter worth $103,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 143.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,872 shares of the company’s stock worth $129,000 after acquiring an additional 1,692 shares during the period. Finally, MML Investors Services LLC bought a new stake in First Trust Small Cap Value AlphaDEX Fund in the 2nd quarter valued at $203,000.

First Trust Small Cap Value AlphaDEX Fund Company Profile

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.