First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Trading 0.2% Higher - What's Next?

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC - Get Free Report)'s share price traded up 0.2% on Monday . The stock traded as high as $77.72 and last traded at $77.23. 31,952 shares traded hands during trading, a decline of 11% from the average session volume of 36,065 shares. The stock had previously closed at $77.09.

First Trust Small Cap Growth AlphaDEX Fund Stock Down 0.3%

The stock has a market cap of $442.35 million, a price-to-earnings ratio of 17.33 and a beta of 1.19. The stock's fifty day moving average is $70.00 and its 200-day moving average is $74.72.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 2.8% during the first quarter. Geneos Wealth Management Inc. now owns 8,377 shares of the company's stock worth $576,000 after acquiring an additional 225 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 286.2% during the first quarter. Ashton Thomas Private Wealth LLC now owns 21,243 shares of the company's stock worth $1,462,000 after purchasing an additional 15,743 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 1,369.4% during the 1st quarter. Jones Financial Companies Lllp now owns 50,739 shares of the company's stock valued at $3,491,000 after purchasing an additional 47,286 shares in the last quarter. Comerica Bank grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 8.6% in the 1st quarter. Comerica Bank now owns 3,725 shares of the company's stock valued at $256,000 after purchasing an additional 296 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in 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 worth $60,000 after purchasing 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.