First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX - Get Free Report)'s stock price rose 0.7% during mid-day trading on Wednesday . The stock traded as high as $116.50 and last traded at $116.43. Approximately 40,668 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 32,593 shares. The stock had previously closed at $115.65.
First Trust Mid Cap Core AlphaDEX Fund Stock Down 0.1%
The firm has a 50 day simple moving average of $113.80 and a 200-day simple moving average of $112.32. The stock has a market cap of $1.15 billion, a P/E ratio of 14.19 and a beta of 1.20.
First Trust Mid Cap Core AlphaDEX Fund Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were given a $0.2671 dividend. This is an increase from First Trust Mid Cap Core AlphaDEX Fund's previous quarterly dividend of $0.26. The ex-dividend date was Thursday, June 26th. This represents a $1.07 annualized dividend and a dividend yield of 0.91%.
Institutional Investors Weigh In On First Trust Mid Cap Core AlphaDEX Fund
Several institutional investors have recently made changes to their positions in FNX. Virtu Financial LLC bought a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $729,000. LPL Financial LLC boosted its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 3.1% in the fourth quarter. LPL Financial LLC now owns 930,345 shares of the company's stock valued at $107,660,000 after buying an additional 27,626 shares during the period. Woodmont Investment Counsel LLC boosted its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 39.7% in the fourth quarter. Woodmont Investment Counsel LLC now owns 4,292 shares of the company's stock valued at $497,000 after buying an additional 1,220 shares during the period. Potentia Wealth bought a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $1,277,000. Finally, Morey & Quinn Wealth Partners LLC acquired a new position in First Trust Mid Cap Core AlphaDEX Fund during the fourth quarter valued at approximately $356,000.
First Trust Mid Cap Core AlphaDEX Fund Company Profile
(
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The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.
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