First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Stock Crosses Above 200 Day Moving Average – Should You Sell?

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC)’s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $112.12 and traded as high as $115.64. First Trust Small Cap Growth AlphaDEX Fund shares last traded at $115.13, with a volume of 100,370 shares traded.

First Trust Small Cap Growth AlphaDEX Fund Trading Up 1.5%

The firm’s 50-day simple moving average is $115.36 and its 200-day simple moving average is $112.24. The company has a market capitalization of $1.37 billion, a PE ratio of 17.13 and a beta of 1.21.

Institutional Trading of First Trust Small Cap Growth AlphaDEX Fund

A number of hedge funds have recently added to or reduced their stakes in FYC. IFP Advisors Inc lifted its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 5.8% in the 3rd quarter. IFP Advisors Inc now owns 96,052 shares of the company’s stock worth $11,077,000 after purchasing an additional 5,232 shares during the period. LexAurum Advisors LLC boosted its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 2.9% in the 3rd quarter. LexAurum Advisors LLC now owns 4,223 shares of the company’s stock worth $487,000 after purchasing an additional 121 shares in the last quarter. Integrity Advisory Solutions LLC boosted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 5.8% in the third quarter. Integrity Advisory Solutions LLC now owns 105,242 shares of the company’s stock worth $12,137,000 after acquiring an additional 5,756 shares in the last quarter. Clear Point Advisors Inc. purchased a new stake in First Trust Small Cap Growth AlphaDEX Fund during the 3rd quarter worth approximately $905,000. Finally, Ashton Thomas Private Wealth LLC grew its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 27.9% during the third quarter. Ashton Thomas Private Wealth LLC now owns 15,917 shares of the company’s stock valued at $1,836,000 after buying an additional 3,476 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.