First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Stock Price Up 0.3% - Here's Why

Key Points

• The First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) saw a 0.3% increase in stock price, reaching $81.19 during trading on Friday, despite a decline in trading volume.
• The fund has a market capitalization of $466.84 million, with a P/E ratio of 20.27 and a beta of 1.19.
• Several institutional investors have recently increased their holdings in FYC, with Northwestern Mutual Wealth Management Co. boosting its stake by 102.6%.

Shares of First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC - ) rose 0.3% during trading on Friday . The stock traded as high as $81.28 and last traded at $81.19. Approximately 26,523 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 40,339 shares. The stock had previously closed at $80.98.

First Trust Small Cap Growth AlphaDEX Fund Stock Up 0.3%

The firm has a fifty day moving average of $77.56 and a 200-day moving average of $74.33. The firm has a market cap of $466.84 million, a P/E ratio of 20.27 and a beta of 1.19.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in First Trust Small Cap Growth AlphaDEX Fund in the 4th quarter valued at $31,000. Concourse Financial Group Securities Inc. acquired a new position in First Trust Small Cap Growth AlphaDEX Fund in the 4th quarter valued at $32,000. Montag A & Associates Inc. acquired a new position in First Trust Small Cap Growth AlphaDEX Fund in the 1st quarter valued at $34,000. Capital Analysts LLC acquired a new position in First Trust Small Cap Growth AlphaDEX Fund in the 1st quarter valued at $41,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Small Cap Growth AlphaDEX Fund by 102.6% in 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.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

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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