First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Shares Down 0.2% – Time to Sell?

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB)’s share price fell 0.2% during mid-day trading on Monday . The company traded as low as $102.32 and last traded at $102.46. Approximately 17,781 shares changed hands during mid-day trading, an increase of 108% from the average daily volume of 8,552 shares. The stock had previously closed at $102.67.

First Trust Multi Cap Value AlphaDEX Fund Price Performance

The firm has a market capitalization of $161.98 million, a PE ratio of 11.94 and a beta of 0.87. The company’s fifty day simple moving average is $105.80 and its 200 day simple moving average is $100.64.

Institutional Trading of First Trust Multi Cap Value AlphaDEX Fund

Institutional investors have recently modified their holdings of the business. Citadel Advisors LLC boosted its holdings in First Trust Multi Cap Value AlphaDEX Fund by 3.2% in the 2nd quarter. Citadel Advisors LLC now owns 34,195 shares of the company’s stock worth $3,471,000 after buying an additional 1,056 shares during the period. Cetera Investment Advisers raised its holdings in First Trust Multi Cap Value AlphaDEX Fund by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 6,867 shares of the company’s stock valued at $649,000 after acquiring an additional 229 shares during the period. Centaurus Financial Inc. purchased a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund during the first quarter worth $105,000. Anchor Investment Management LLC purchased a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund during the first quarter worth $33,000. Finally, Kestra Advisory Services LLC boosted its holdings in shares of First Trust Multi Cap Value AlphaDEX Fund by 25.5% in the first quarter. Kestra Advisory Services LLC now owns 2,341 shares of the company’s stock worth $221,000 after acquiring an additional 475 shares during the period.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.