First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Reaches New 52-Week High - Still a Buy?

Key Points

• FYC hit a new 52-week high — shares traded as high as $112.52 (last $112.2550) on Friday with about 74,863 shares changing hands, and the 50‑day/200‑day moving averages sit at $101.50 and $98.61 respectively, signaling a recent uptrend.
• Institutional inflows — multiple firms initiated or increased holdings (notably JPMorgan +80.4%, NewEdge +137.7%, CoreCap +629.6%), pointing to rising institutional interest.
• Fund profile — FYC is a First Trust small‑cap growth ETF that tracks the NASDAQ AlphaDEX Small Cap Growth index, with a market cap of about $1.05 billion, a P/E of 20.27 and a beta of 1.14.

Shares of First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC - ) reached a new 52-week high during trading on Friday . The company traded as high as $112.52 and last traded at $112.2550, with a volume of 74863 shares trading hands. The stock had previously closed at $111.34.

First Trust Small Cap Growth AlphaDEX Fund Stock Up 0.8%

The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 20.27 and a beta of 1.14. The stock has a 50 day moving average of $101.50 and a 200 day moving average of $98.61.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Blair William & Co. IL bought a new position in shares of First Trust Small Cap Growth AlphaDEX Fund in the fourth quarter worth about $31,000. JPMorgan Chase & Co. grew its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 80.4% during the third quarter. JPMorgan Chase & Co. now owns 873 shares of the company's stock worth $79,000 after buying an additional 389 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 137.7% during the fourth quarter. NewEdge Advisors LLC now owns 915 shares of the company's stock worth $88,000 after buying an additional 530 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 629.6% during the fourth quarter. CoreCap Advisors LLC now owns 985 shares of the company's stock worth $95,000 after buying an additional 850 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund during the third quarter worth $91,000.

About First Trust Small Cap Growth AlphaDEX Fund

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.

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