First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Shares Down 0.3% - Time to Sell?

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY - Get Free Report) fell 0.3% during mid-day trading on Friday . The company traded as low as $76.46 and last traded at $76.95. 11,766 shares were traded during trading, a decline of 38% from the average session volume of 19,104 shares. The stock had previously closed at $77.18.

First Trust Mid Cap Growth AlphaDEX Fund Stock Up 2.8%

The firm's 50-day moving average price is $73.55 and its 200 day moving average price is $79.93. The company has a market capitalization of $371.86 million, a P/E ratio of 22.90 and a beta of 1.13.

Institutional Trading of First Trust Mid Cap Growth AlphaDEX Fund

A number of large investors have recently bought and sold shares of the company. Allworth Financial LP grew its holdings in First Trust Mid Cap Growth AlphaDEX Fund by 23.8% during the 4th quarter. Allworth Financial LP now owns 625 shares of the company's stock valued at $53,000 after buying an additional 120 shares in the last quarter. Financial Advocates Investment Management boosted its position in shares of First Trust Mid Cap Growth AlphaDEX Fund by 5.7% in the fourth quarter. Financial Advocates Investment Management now owns 3,563 shares of the company's stock valued at $285,000 after acquiring an additional 191 shares during the period. Wealth Management Partners LLC grew its stake in First Trust Mid Cap Growth AlphaDEX Fund by 0.6% during the fourth quarter. Wealth Management Partners LLC now owns 35,924 shares of the company's stock valued at $2,874,000 after acquiring an additional 207 shares in the last quarter. Gateway Wealth Partners LLC grew its stake in First Trust Mid Cap Growth AlphaDEX Fund by 6.2% during the fourth quarter. Gateway Wealth Partners LLC now owns 3,561 shares of the company's stock valued at $285,000 after acquiring an additional 209 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in First Trust Mid Cap Growth AlphaDEX Fund by 0.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 27,485 shares of the company's stock worth $2,058,000 after acquiring an additional 234 shares during the period.

First Trust Mid Cap Growth AlphaDEX Fund Company Profile

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.