First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Stock Price Down 2% - Here's Why

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX - Get Free Report) was down 2% during mid-day trading on Friday . The stock traded as low as $93.31 and last traded at $93.66. Approximately 8,045 shares changed hands during trading, a decline of 74% from the average daily volume of 30,926 shares. The stock had previously closed at $95.58.

First Trust Small Cap Core AlphaDEX Fund Trading Down 2.0%

The firm's 50-day moving average price is $89.72 and its 200-day moving average price is $96.07. The stock has a market capitalization of $833.57 million, a PE ratio of 14.26 and a beta of 1.27.

Hedge Funds Weigh In On First Trust Small Cap Core AlphaDEX Fund

Institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC increased its holdings 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 valued at $254,000 after buying an additional 158 shares during the period. Lakeridge Wealth Management LLC boosted its stake in First Trust Small Cap Core AlphaDEX Fund by 1.8% in the fourth quarter. Lakeridge Wealth Management LLC now owns 10,749 shares of the company's stock valued at $1,086,000 after acquiring an additional 188 shares in the last quarter. Belpointe Asset Management LLC boosted its stake in First Trust Small Cap Core AlphaDEX Fund by 5.2% in the fourth quarter. Belpointe Asset Management LLC now owns 4,976 shares of the company's stock valued at $492,000 after acquiring an additional 247 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in First Trust Small Cap Core AlphaDEX Fund by 0.9% in the first quarter. Silver Oak Securities Incorporated now owns 29,939 shares of the company's stock valued at $2,717,000 after acquiring an additional 277 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in First Trust Small Cap Core AlphaDEX Fund by 28.4% in the fourth quarter. IFP Advisors Inc now owns 1,294 shares of the company's stock valued at $131,000 after acquiring an additional 286 shares in the last quarter.

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.

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