First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Shares Down 0.2%

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - Get Free Report)'s stock price dropped 0.2% during trading on Thursday . The company traded as low as $36.65 and last traded at $36.92. Approximately 5,073 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 21,630 shares. The stock had previously closed at $36.99.

First Trust United Kingdom AlphaDEX Fund Stock Performance

The stock's 50-day simple moving average is $36.34 and its 200 day simple moving average is $34.91. The company has a market capitalization of $60.92 million, a PE ratio of 11.35 and a beta of 1.18.

First Trust United Kingdom AlphaDEX Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.1925 dividend. This represents a $0.77 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date was Thursday, March 21st.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its position in First Trust United Kingdom AlphaDEX Fund by 29.4% during the 1st quarter. Bank of America Corp DE now owns 2,040 shares of the company's stock worth $79,000 after purchasing an additional 463 shares during the last quarter. UBS Group AG grew its position in First Trust United Kingdom AlphaDEX Fund by 622.9% during the 3rd quarter. UBS Group AG now owns 4,807 shares of the company's stock worth $128,000 after purchasing an additional 4,142 shares during the last quarter. Advisor Group Holdings Inc. grew its position in First Trust United Kingdom AlphaDEX Fund by 542.5% during the 1st quarter. Advisor Group Holdings Inc. now owns 3,932 shares of the company's stock worth $152,000 after purchasing an additional 3,320 shares during the last quarter. Credit Suisse AG grew its position in First Trust United Kingdom AlphaDEX Fund by 44.3% during the 2nd quarter. Credit Suisse AG now owns 12,965 shares of the company's stock worth $409,000 after purchasing an additional 3,978 shares during the last quarter. Finally, Royal Bank of Canada purchased a new position in First Trust United Kingdom AlphaDEX Fund during the 2nd quarter worth $593,000.

First Trust United Kingdom AlphaDEX Fund Company Profile

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.

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