First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 1-Year High – What’s Next?

Shares of First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) hit a new 52-week high during trading on Wednesday . The company traded as high as $113.50 and last traded at $113.44, with a volume of 3486 shares trading hands. The stock had previously closed at $111.56.

First Trust Small Cap Core AlphaDEX Fund Price Performance

The company has a fifty day moving average price of $109.25 and a 200 day moving average price of $103.46. The company has a market capitalization of $931.03 million, a P/E ratio of 13.79 and a beta of 1.14.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.2692 dividend. This is a boost from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.08. This represents a $1.08 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, September 25th.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

A number of large investors have recently modified their holdings of FYX. Twin Peaks Wealth Advisors LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund during the 2nd quarter valued at about $59,000. CX Institutional acquired a new position in shares of First Trust Small Cap Core AlphaDEX Fund during the third quarter worth approximately $68,000. Flaharty Asset Management LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund in the 1st quarter worth approximately $59,000. Blair William & Co. IL acquired a new stake in First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter valued at approximately $74,000. Finally, Walkner Condon Financial Advisors LLC bought a new stake in First Trust Small Cap Core AlphaDEX Fund during the 3rd quarter valued at $201,000.

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.