First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Trading Down 1% - What's Next?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX - Get Free Report) shares were down 1% on Wednesday . The company traded as low as $85.05 and last traded at $86.74. Approximately 16,283 shares changed hands during trading, a decline of 50% from the average daily volume of 32,586 shares. The stock had previously closed at $87.63.

First Trust Small Cap Core AlphaDEX Fund Trading Down 0.3 %

The stock's fifty day simple moving average is $88.34 and its 200 day simple moving average is $97.98. The company has a market cap of $783.91 million, a price-to-earnings ratio of 13.73 and a beta of 1.27.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Atlas Legacy Advisors LLC purchased a new position in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter worth about $473,000. Lakeridge Wealth Management LLC lifted its holdings in First Trust Small Cap Core AlphaDEX Fund by 1.8% in the 4th 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 during the last quarter. MTM Investment Management LLC lifted its stake in First Trust Small Cap Core AlphaDEX Fund by 1.4% during the fourth quarter. MTM Investment Management LLC now owns 33,655 shares of the company's stock valued at $3,401,000 after buying an additional 475 shares in the last quarter. Mainsail Financial Group LLC lifted its position in First Trust Small Cap Core AlphaDEX Fund by 2.4% in the 4th quarter. Mainsail Financial Group LLC now owns 35,888 shares of the company's stock worth $3,627,000 after buying an additional 830 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 4.3% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 5,568 shares of the company's stock worth $563,000 after acquiring an additional 232 shares during 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.