First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sees Large Volume Increase - What's Next?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX - Get Free Report) shares saw strong trading volume on Tuesday . 42,144 shares changed hands during trading, an increase of 41% from the previous session's volume of 29,847 shares.The stock last traded at $99.81 and had previously closed at $99.43.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The firm has a market cap of $842.77 million, a price-to-earnings ratio of 13.79 and a beta of 1.27. The business's 50 day moving average price is $93.96 and its 200 day moving average price is $94.74.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a $0.0821 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $0.33 dividend on an annualized basis and a yield of 0.33%.

Institutional Investors Weigh In On First Trust Small Cap Core AlphaDEX Fund

A number of institutional investors have recently added to or reduced their stakes in FYX. Farther Finance Advisors LLC raised its stake in First Trust Small Cap Core AlphaDEX Fund by 6.0% during the first quarter. Farther Finance Advisors LLC now owns 2,800 shares of the company's stock worth $254,000 after purchasing an additional 158 shares during the period. Belpointe Asset Management LLC raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 5.2% in the 4th quarter. Belpointe Asset Management LLC now owns 4,976 shares of the company's stock valued at $492,000 after buying an additional 247 shares during the period. Silver Oak Securities Incorporated raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 0.9% in the 1st quarter. Silver Oak Securities Incorporated now owns 29,939 shares of the company's stock valued at $2,717,000 after buying an additional 277 shares during the period. Signature Estate & Investment Advisors LLC boosted its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 14.8% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 2,346 shares of the company's stock valued at $237,000 after purchasing an additional 302 shares during the period. Finally, MTM Investment Management LLC boosted its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 1.0% in the first quarter. MTM Investment Management LLC now owns 33,994 shares of the company's stock valued at $3,083,000 after purchasing an additional 339 shares during the period.

First Trust Small Cap Core AlphaDEX Fund Company Profile

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.