First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 26th will be paid a dividend of 0.0297 per share on Monday, June 30th. This represents a $0.12 dividend on an annualized basis and a yield of 0.15%. The ex-dividend date of this dividend is Thursday, June 26th.
First Trust Mid Cap Growth AlphaDEX Fund Stock Up 1.4%
FNY traded up $1.15 during mid-day trading on Thursday, reaching $81.86. 5,055 shares of the company traded hands, compared to its average volume of 18,654. First Trust Mid Cap Growth AlphaDEX Fund has a 52-week low of $64.52 and a 52-week high of $88.74. The company's fifty day moving average price is $77.84 and its 200-day moving average price is $78.90. The stock has a market capitalization of $384.74 million, a P/E ratio of 23.90 and a beta of 1.13.
Institutional Investors Weigh In On First Trust Mid Cap Growth AlphaDEX Fund
A number of hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp grew its position in shares of First Trust Mid Cap Growth AlphaDEX Fund by 62.2% during the 1st quarter. Jones Financial Companies Lllp now owns 5,098 shares of the company's stock valued at $354,000 after acquiring an additional 1,955 shares during the period. Goldman Sachs Group Inc. grew its position in shares of First Trust Mid Cap Growth AlphaDEX Fund by 5.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 52,795 shares of the company's stock valued at $3,953,000 after acquiring an additional 2,795 shares during the period. Jane Street Group LLC bought a new position in First Trust Mid Cap Growth AlphaDEX Fund in the 1st quarter worth $362,000. Finally, Integrated Wealth Concepts LLC bought a new position in First Trust Mid Cap Growth AlphaDEX Fund in the 1st quarter worth $403,000.
About First Trust Mid Cap Growth AlphaDEX Fund
(
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The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Growth index. The fund tracks a tiered equal-weighted index of mid-cap growth stocks selected by AlphaDex selection methodology from the S&P 400 Index. FNY was launched on Apr 18, 2011 and is managed by First Trust.
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