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

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) reached a new 52-week high during trading on Tuesday . The company traded as high as $145.68 and last traded at $145.8350, with a volume of 5601 shares trading hands. The stock had previously closed at $144.27.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The company’s fifty day simple moving average is $139.68 and its two-hundred day simple moving average is $129.83. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 13.79 and a beta of 1.05.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.4369 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.20. This represents a $1.75 annualized dividend and a dividend yield of 1.2%.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the company. NBT Bank N A NY increased its holdings in First Trust Small Cap Core AlphaDEX Fund by 127.4% in the first quarter. NBT Bank N A NY now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 144 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in First Trust Small Cap Core AlphaDEX Fund by 67.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 405 shares of the company’s stock worth $46,000 after buying an additional 163 shares during the last quarter. Sound Income Strategies LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth approximately $161,000. Beto Financial Group LLC acquired a new position in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter worth approximately $216,000. Finally, Summit Wealth Group LLC Co. acquired a new position in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter worth approximately $225,000.

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.