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First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) Trading Down 0.3% - What's Next?

First Trust Multi Cap Growth AlphaDEX Fund logo with background

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD - Get Free Report) shares were down 0.3% on Thursday . The company traded as low as $138.20 and last traded at $138.77. Approximately 19,715 shares were traded during trading, an increase of 183% from the average daily volume of 6,956 shares. The stock had previously closed at $139.15.

First Trust Multi Cap Growth AlphaDEX Fund Stock Down 0.1%

The company has a market capitalization of $263.78 million, a price-to-earnings ratio of 24.53 and a beta of 1.10. The firm has a 50 day moving average price of $130.19 and a two-hundred day moving average price of $137.57.

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

A number of hedge funds have recently bought and sold shares of FAD. OneDigital Investment Advisors LLC acquired a new stake in shares of First Trust Multi Cap Growth AlphaDEX Fund during the 4th quarter valued at approximately $290,000. Wells Fargo & Company MN increased its stake in First Trust Multi Cap Growth AlphaDEX Fund by 1.2% during the fourth quarter. Wells Fargo & Company MN now owns 25,727 shares of the company's stock valued at $3,556,000 after purchasing an additional 294 shares during the last quarter. LPL Financial LLC raised its holdings in shares of First Trust Multi Cap Growth AlphaDEX Fund by 7.3% during the fourth quarter. LPL Financial LLC now owns 88,960 shares of the company's stock worth $12,295,000 after purchasing an additional 6,038 shares during the period. Virtu Financial LLC acquired a new stake in shares of First Trust Multi Cap Growth AlphaDEX Fund during the fourth quarter worth $226,000. Finally, Raymond James Financial Inc. bought a new position in shares of First Trust Multi Cap Growth AlphaDEX Fund in the 4th quarter worth about $11,309,000.

About First Trust Multi Cap Growth AlphaDEX Fund

(Get Free Report)

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor's, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.

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