First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Reaches New 52-Week High – Here’s What Happened

Shares of First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) hit a new 52-week high on Tuesday . The company traded as high as $116.06 and last traded at $115.87, with a volume of 1663 shares traded. The stock had previously closed at $113.63.

First Trust Small Cap Growth AlphaDEX Fund Trading Up 1.6%

The firm has a market cap of $1.09 billion, a P/E ratio of 20.27 and a beta of 1.19. The business has a 50-day moving average of $105.57 and a two-hundred day moving average of $100.66.

Institutional Investors Weigh In On First Trust Small Cap Growth AlphaDEX Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sylvest Advisors LLC grew its position in First Trust Small Cap Growth AlphaDEX Fund by 1.2% during the 1st quarter. Sylvest Advisors LLC now owns 8,510 shares of the company’s stock worth $825,000 after acquiring an additional 105 shares during the last quarter. Gateway Wealth Partners LLC grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 1.5% in the 4th quarter. Gateway Wealth Partners LLC now owns 8,754 shares of the company’s stock valued at $841,000 after buying an additional 127 shares during the last quarter. PFG Advisors grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 4.6% in the 4th quarter. PFG Advisors now owns 3,174 shares of the company’s stock valued at $305,000 after buying an additional 139 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 1.4% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 10,390 shares of the company’s stock valued at $943,000 after buying an additional 145 shares during the last quarter. Finally, Proactive Wealth Strategies LLC grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 1.9% in the 3rd quarter. Proactive Wealth Strategies LLC now owns 9,645 shares of the company’s stock valued at $875,000 after buying an additional 181 shares during the last quarter.

About First Trust Small Cap Growth AlphaDEX Fund

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.