First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Sets New 52-Week High – Here’s What Happened

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) shares reached a new 52-week high on Monday . The stock traded as high as $124.06 and last traded at $124.1650, with a volume of 50076 shares. The stock had previously closed at $124.06.

First Trust Small Cap Growth AlphaDEX Fund Stock Up 0.1%

The firm has a market cap of $1.16 billion, a P/E ratio of 20.27 and a beta of 1.18. The business’s 50 day moving average is $114.70 and its two-hundred day moving average is $104.87.

First Trust Small Cap Growth AlphaDEX Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be given a $0.1297 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $0.52 annualized dividend and a dividend yield of 0.4%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. LPL Financial LLC grew its stake in First Trust Small Cap Growth AlphaDEX Fund by 43.0% during the fourth quarter. LPL Financial LLC now owns 1,183,630 shares of the company’s stock worth $113,769,000 after purchasing an additional 356,030 shares during the period. Wells Fargo & Company MN lifted its stake in First Trust Small Cap Growth AlphaDEX Fund by 28.9% in the fourth quarter. Wells Fargo & Company MN now owns 363,672 shares of the company’s stock valued at $34,956,000 after buying an additional 81,435 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 151.1% during the 3rd quarter. Raymond James Financial Inc. now owns 324,241 shares of the company’s stock worth $29,413,000 after buying an additional 195,127 shares in the last quarter. Cetera Investment Advisers grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 13.6% during the 1st quarter. Cetera Investment Advisers now owns 289,684 shares of the company’s stock worth $28,094,000 after buying an additional 34,676 shares during the period. Finally, First Trust Advisors LP grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 2.8% during the 2nd quarter. First Trust Advisors LP now owns 254,884 shares of the company’s stock worth $20,284,000 after buying an additional 7,042 shares during the period.

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.