Free Trial

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Trading Up 1.1% - What's Next?

First Trust Mid Cap Growth AlphaDEX Fund logo with background

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY - Get Free Report)'s share price was up 1.1% during trading on Tuesday . The company traded as high as $81.94 and last traded at $81.78. Approximately 6,947 shares changed hands during trading, a decline of 62% from the average daily volume of 18,436 shares. The stock had previously closed at $80.86.

First Trust Mid Cap Growth AlphaDEX Fund Trading Up 1.1%

The firm has a market capitalization of $384.37 million, a price-to-earnings ratio of 23.90 and a beta of 1.13. The stock's 50 day moving average price is $77.64 and its two-hundred day moving average price is $78.89.

Hedge Funds Weigh In On First Trust Mid Cap Growth AlphaDEX Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. World Investment Advisors acquired a new stake in First Trust Mid Cap Growth AlphaDEX Fund in the 4th quarter valued at about $626,000. KCM Investment Advisors LLC grew its stake in First Trust Mid Cap Growth AlphaDEX Fund by 1.8% in the 4th quarter. KCM Investment Advisors LLC now owns 38,381 shares of the company's stock valued at $3,070,000 after acquiring an additional 688 shares during the last quarter. LPL Financial LLC grew its stake in First Trust Mid Cap Growth AlphaDEX Fund by 11.9% in the 4th quarter. LPL Financial LLC now owns 569,446 shares of the company's stock valued at $45,556,000 after acquiring an additional 60,713 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in First Trust Mid Cap Growth AlphaDEX Fund by 39.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 26,418 shares of the company's stock valued at $2,113,000 after acquiring an additional 7,441 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC acquired a new stake in First Trust Mid Cap Growth AlphaDEX Fund in the 4th quarter valued at about $961,000.

About First Trust Mid Cap Growth AlphaDEX Fund

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in First Trust Mid Cap Growth AlphaDEX Fund Right Now?

Before you consider First Trust Mid Cap Growth AlphaDEX Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust Mid Cap Growth AlphaDEX Fund wasn't on the list.

While First Trust Mid Cap Growth AlphaDEX Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next Palantir? AI-Defense Stock Set for Explosive Growth
2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines