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First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Reaches New 1-Year High - Time to Buy?

First Trust Small Cap Growth AlphaDEX Fund logo with background

Key Points

  • The First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) reached a new 52-week high of $91.79 after closing at $91.27, with a trading volume of 17,748 shares.
  • The fund has a market capitalization of $525.71 million and a price-to-earnings ratio of 20.27.
  • Significant increases in positions from institutional investors include Bank of America Corp DE, which raised its stake by 92.8%, and Jones Financial Companies Lllp, which grew its holdings by an astonishing 1,369.4%.
  • MarketBeat previews top five stocks to own in October.

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC - Get Free Report)'s share price hit a new 52-week high on Monday . The stock traded as high as $91.64 and last traded at $91.79, with a volume of 17748 shares traded. The stock had previously closed at $91.27.

First Trust Small Cap Growth AlphaDEX Fund Trading Up 0.6%

The business's 50 day moving average is $84.32 and its two-hundred day moving average is $76.48. The company has a market cap of $528.70 million, a PE ratio of 20.27 and a beta of 1.19.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Montag A & Associates Inc. purchased a new position in shares of First Trust Small Cap Growth AlphaDEX Fund during the 1st quarter valued at $34,000. Capital Analysts LLC purchased a new position in shares of First Trust Small Cap Growth AlphaDEX Fund during the 1st quarter valued at $41,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of First Trust Small Cap Growth AlphaDEX Fund during the 2nd quarter valued at $68,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 102.6% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 873 shares of the company's stock valued at $60,000 after buying an additional 442 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in shares of First Trust Small Cap Growth AlphaDEX Fund during the 2nd quarter valued at $147,000.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.

See Also

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