First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sets New 1-Year High – Still a Buy?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $133.81 and last traded at $133.5550, with a volume of 10489 shares changing hands. The stock had previously closed at $132.03.

First Trust Small Cap Core AlphaDEX Fund Stock Up 1.4%

The firm has a market cap of $1.22 billion, a P/E ratio of 13.79 and a beta of 1.08. The stock’s 50-day simple moving average is $123.45 and its 200 day simple moving average is $118.10.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.2029 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.81 dividend on an annualized basis and a yield of 0.6%.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

A number of institutional investors have recently bought and sold shares of the company. Cresset Asset Management LLC boosted its position in First Trust Small Cap Core AlphaDEX Fund by 5.0% during the third quarter. Cresset Asset Management LLC now owns 2,482 shares of the company’s stock valued at $271,000 after acquiring an additional 119 shares during the last quarter. NBT Bank N A NY boosted its position in First Trust Small Cap Core AlphaDEX Fund by 127.4% during the first quarter. NBT Bank N A NY now owns 257 shares of the company’s stock valued at $31,000 after acquiring an additional 144 shares during the last quarter. Kestra Private Wealth Services LLC boosted its position in First Trust Small Cap Core AlphaDEX Fund by 5.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,791 shares of the company’s stock valued at $316,000 after acquiring an additional 146 shares during the last quarter. Mariner LLC boosted its position in First Trust Small Cap Core AlphaDEX Fund by 4.4% during the third quarter. Mariner LLC now owns 3,672 shares of the company’s stock valued at $400,000 after acquiring an additional 154 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in First Trust Small Cap Core AlphaDEX Fund by 2.5% during the second quarter. Captrust Financial Advisors now owns 6,321 shares of the company’s stock valued at $615,000 after acquiring an additional 157 shares during the last quarter.

About First Trust Small Cap Core AlphaDEX Fund

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.