First Trust China AlphaDEX Fund (NASDAQ:FCA) Stock Price Down 1% - Here's What Happened

Key Points

• Shares of First Trust China AlphaDEX Fund (NASDAQ:FCA) fell about 1% to $32.54 on Monday after trading as low as $32.44, with volume of 35,514 shares—roughly 30% below its average session volume.
• The fund has a market cap of $110.64 million, a P/E of 9.26 and beta of 0.43, trading just under its 50‑day moving average ($32.58) but above its 200‑day average ($30.83).
• Several institutions recently initiated or added to positions (notably Avestar Capital increased its stake 33.1% to 20,440 shares, ~$592,000), and FCA is an ETF that tracks the NASDAQ AlphaDEX China (Defined China) index using a quantitative value/growth methodology managed by First Trust.

First Trust China AlphaDEX Fund (NASDAQ:FCA - )'s share price fell 1% during trading on Monday . The company traded as low as $32.44 and last traded at $32.54. 35,514 shares were traded during trading, a decline of 30% from the average session volume of 50,872 shares. The stock had previously closed at $32.87.

First Trust China AlphaDEX Fund Price Performance

The firm has a market cap of $110.64 million, a price-to-earnings ratio of 9.26 and a beta of 0.43. The business has a 50-day moving average of $32.58 and a 200-day moving average of $30.83.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in shares of First Trust China AlphaDEX Fund in the 3rd quarter valued at approximately $69,000. Kestra Advisory Services LLC bought a new stake in First Trust China AlphaDEX Fund during the fourth quarter worth $153,000. StoneX Group Inc. bought a new stake in First Trust China AlphaDEX Fund during the second quarter worth $204,000. GeoWealth Management LLC acquired a new stake in First Trust China AlphaDEX Fund in the third quarter valued at $587,000. Finally, Avestar Capital LLC lifted its stake in First Trust China AlphaDEX Fund by 33.1% in the third quarter. Avestar Capital LLC now owns 20,440 shares of the company's stock valued at $592,000 after acquiring an additional 5,084 shares during the last quarter.

First Trust China AlphaDEX Fund Company Profile

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.

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