Shares of First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT - Get Free Report) rose 0.1% during trading on Wednesday . The company traded as high as $49.73 and last traded at $49.24. Approximately 7,061 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 15,338 shares. The stock had previously closed at $49.17.
First Trust Small Cap Value AlphaDEX Fund Stock Performance
The firm has a market cap of $122.90 million, a PE ratio of 11.16 and a beta of 1.37. The stock's 50 day simple moving average is $48.15 and its 200 day simple moving average is $51.46.
Institutional Investors Weigh In On First Trust Small Cap Value AlphaDEX Fund
A number of hedge funds have recently made changes to their positions in FYT. Signature Estate & Investment Advisors LLC purchased a new position in First Trust Small Cap Value AlphaDEX Fund during the 1st quarter valued at $264,000. Jones Financial Companies Lllp increased its position in First Trust Small Cap Value AlphaDEX Fund by 442.5% during the 1st quarter. Jones Financial Companies Lllp now owns 14,724 shares of the company's stock valued at $673,000 after purchasing an additional 12,010 shares during the period. Capital Analysts LLC increased its position in First Trust Small Cap Value AlphaDEX Fund by 39.5% during the 1st quarter. Capital Analysts LLC now owns 1,968 shares of the company's stock valued at $98,000 after purchasing an additional 557 shares during the period. Raymond James Financial Inc. increased its position in First Trust Small Cap Value AlphaDEX Fund by 76.1% during the 1st quarter. Raymond James Financial Inc. now owns 97,797 shares of the company's stock valued at $4,863,000 after purchasing an additional 42,276 shares during the period. Finally, Benjamin Edwards Inc. purchased a new position in First Trust Small Cap Value AlphaDEX Fund during the 1st quarter valued at $695,000.
First Trust Small Cap Value AlphaDEX Fund Company Profile
(
Get Free Report)
The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.
Further Reading
Before you consider First Trust Small Cap Value AlphaDEX Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust Small Cap Value AlphaDEX Fund wasn't on the list.
While First Trust Small Cap Value AlphaDEX Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.