First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Stock Price Down 0.8% – Time to Sell?

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) shares traded down 0.8% during trading on Monday . The stock traded as low as $92.27 and last traded at $92.27. 13,274 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 19,732 shares. The stock had previously closed at $93.05.

First Trust Mid Cap Growth AlphaDEX Fund Stock Performance

The firm has a market capitalization of $447.83 million, a P/E ratio of 24.50 and a beta of 1.18. The stock has a 50-day moving average of $91.57 and a 200 day moving average of $87.56.

Institutional Trading of First Trust Mid Cap Growth AlphaDEX Fund

Several large investors have recently made changes to their positions in the business. GAMMA Investing LLC bought a new position in shares of First Trust Mid Cap Growth AlphaDEX Fund in the second quarter valued at about $37,000. Founders Financial Alliance LLC bought a new stake in First Trust Mid Cap Growth AlphaDEX Fund during the 3rd quarter worth about $192,000. Advisory Services Network LLC acquired a new stake in First Trust Mid Cap Growth AlphaDEX Fund in the 3rd quarter valued at about $192,000. Geneos Wealth Management Inc. raised its stake in shares of First Trust Mid Cap Growth AlphaDEX Fund by 9.1% in the first quarter. Geneos Wealth Management Inc. now owns 2,251 shares of the company’s stock worth $169,000 after acquiring an additional 188 shares during the last quarter. Finally, Brookwood Investment Group LLC bought a new position in shares of First Trust Mid Cap Growth AlphaDEX Fund in the third quarter worth about $226,000.

First Trust Mid Cap Growth AlphaDEX Fund Company Profile

The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Growth index. The fund tracks a tiered equal-weighted index of mid-cap growth stocks selected by AlphaDex selection methodology from the S&P 400 Index. FNY was launched on Apr 18, 2011 and is managed by First Trust.